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Evercore ISI analyst Amit Daryanani raised the price target on Apple (NASDAQ: AAPL) to $215.00 (from $205.00) while maintaining an Outperform rating after a deep dive.
Daryanani says services can drive multiple expansion... More
Deutsche Bank analyst Jeriel Ong initiates coverage on Apple (NASDAQ: AAPL) with a Hold rating and a price target of $205.00.
The analyst comments "Our neutral view is based on 4 main points: 1) We fear a 2019 iPhone cycle lull ahead of 5G iPhones in 2020; 2) Other... More
By Stephen Nellis
(Reuters) - Apple Inc and Best Buy Co Inc said on Wednesday that they have extended a partnership that will allow the Minneapolis-based retailer's technicians fix iPhones at any Best Buy store in the United States.
The deal between the two companies will cover all 992 U.S. Best Buy stores, up from about 225 stores previously. In addition, 7,600 of Best Buy's so-called Geek Squad technicians now certified to carry out the repairs and using parts directly from Apple.
Apple also carries out repairs at its stores, but there are several U.S. states -... More
Apple (NASDAQ: AAPL) today announced the completion of a major expansion of its Apple authorized service network. With nearly 1,000 Best Buy (NYSE: BBY)stores across the US now providing expert service and repairs for Apple products, customers have even easier and more convenient access to safe and reliable repairs.
At Apple, were dedicated to providing the best customer service in the world, said Tara Bunch, Apples vice president of... More
Wedbush analyst Daniel Ives reiterated an Outperform rating and $235.00 price target on Apple (NASDAQ: AAPL) citing a report from Nikkei stating that Apple is seriously contemplating plans to move 15%-30% of its iPhone production out of China over time due to trade... More
Apple (NASDAQ: AAPL) shares are on watch early Wednesday amid reports from Nikkei the iPhone maker has asked suppliers to assess the costs of moving 15% to 30% of their production from China to Southeast Asia.
... MoreKeyBanc analyst John Vinh notes weighed in on semi stocks in the Apple ecosystems after their carrier surveys indicate iPhone sell-through was stable in May, with demand largely in line with expectations, while inventory
declined modestly, leading to slightly lower days of inventory (DOI) of ~5 days.
Vinh believes... More
KeyBanc analyst Andy Hargreaves reiterated took down his Apple (NASDAQ: AAPL) iPhone numbers after his supply chain checks suggest near-term iPhone demand has stabilized, but there is little optimism around a recovery in FY20 due in part to relatively modest hardware updates, stagnant... More
