Wedbush Reiterates Outperform Rating on Apple (AAPL)

Apple (AAPL) iPhone Revenue Estimate Raised at Midwest Boutique Firm

October 7, 2019 9:18 AM EDT

Cleveland Research analyst Ben Brollin reiterated a Buy rating and {REMOVEPT} price target on Apple (NASDAQ: AAPL).

Raises iPhone revenue estimate for Q4 2019 and FY 2020 to reflect "some upside" to consensus expectations.Says Demand appears most favorable for the iPhone... More

'Goldilocks' jobs data propels Wall St. to best day since August

October 4, 2019 7:50 AM EDT

By Noel Randewich

(Reuters) - Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world's largest economy may be sliding into a recession.

A rally in technology stocks led by Apple Inc (NASDAQ: AAPL) also helped lift the benchmark indexes at the end of a rollercoaster week. After losing about 3% over Tuesday and Wednesday, the S&P 500 on Friday logged its biggest one-day gain since Aug. 16, thanks in part to a... More

Apple (AAPL) Reportedly Increased iPhone Production - Deutsche Bank

October 4, 2019 7:19 AM EDT

Deutsche Bank analyst Jeriel Ong reiterated a Hold rating and $210.00 price target on Apple (NASDAQ: AAPL) after the Nikkei Asian Review reported that AAPL has increased production of iPhone 11 generation smartphones by up to 10%. The analyst was not yet able to confirm the validity with the company but... More

Apple (AAPL) Setup Looks Good With Expectations Down 17% From Last Year - Citi

October 4, 2019 7:10 AM EDT

Citi analyst Jim Suva reiterated a Buy rating and $250.00 price target on Apple (NASDAQ: AAPL) on the belief that reduced expectations, down -17% from a year ago, provide a set-up for share price appreciation in the coming months.

The analyst stated "We... More

Apple (AAPL) Increases Production of iPhone 11 - Nikkei

October 4, 2019 6:10 AM EDT

Apple (NASDAQ: AAPL) told suppliers to increase production of its iPhone 11 range by up to 10%, or 8 million units, according to Nikkei, citing sources. The move follows better-than-expected demand.

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Apple (AAPL) October option implied volatility flat

October 4, 2019 4:55 AM EDT

Apple (NASDAQ: AAPL) October weekly call option implied volatility is at 24, October is at 25, November is at 28; compared to its 52-week range of 19 to 46 into Apple tells suppliers to increase production of iPhone 11 Nikkei reports, says CNBC Asia.

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Active options: AAPL TSLA AMD FB SNAP BAC MSFT ROKU NFLX

October 4, 2019 4:06 AM EDT

Active options: AAPL TSLA AMD FB SNAP BAC MSFT ROKU NFLX

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U.S. data lifts European shares, but they log worst week in one year

October 4, 2019 3:39 AM EDT

By Susan Mathew and Agamoni Ghosh

(Reuters) - European shares ended a tumultuous week on a high note on Friday as data showing modest U.S. jobs growth lifted sentiment slightly, pushing a pan-region index to its best day in more than three weeks.

The rally was led by sectors considered stable during times of economic uncertainty such as healthcare and food and beverages showing that worries still remain about the health of the global economy.

A raft of weak economic data from the United States and Europe, and threats of a... More

Apple raises production of iPhone 11 models by about 10%: Nikkei

October 4, 2019 1:25 AM EDT

(Reuters) - Apple Inc (NASDAQ: AAPL) has asked suppliers to increase production of its iPhone 11 models by up to 8 million units, or about 10%, Nikkei Asian Review reported, hinting that demand for the recently launched versions of its flagship phone was picking up.

"Previously, Apple was quite conservative about placing orders", which were less than for last year's new iPhone, the Nikkei said on Friday, quoting a source.

"After the increase, prepared production volume for the iPhone 11 series will be higher compared to last year".

The company's shares rose 1.8% to $224.78 in early... More

Active options October 3: AAPL TSLA AMD FB SNAP BAC MSFT NFLX ROKU

October 3, 2019 3:28 PM EDT

Active options October 3: AAPL TSLA AMD FB SNAP BAC MSFT NFLX ROKU

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Active options: AAPL MSFT AMD FB B BAC F NIO BABA AMZN TSLA MU NFLX

October 3, 2019 4:41 AM EDT

Active options: AAPL MSFT AMD FB B BAC F NIO BABA AMZN TSLA MU NFLX

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Active options October 2: AAPL MSFT AMD FB BAC F NIO

October 2, 2019 3:26 PM EDT

Active options October 2: AAPL MSFT AMD FB BAC F NIO

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Active options: AAPL NIO FB AMD MSFT GE NFLX BABA TSLA

October 2, 2019 9:46 AM EDT

Active options: AAPL NIO FB AMD MSFT GE NFLX BABA TSLA

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London court allows mass claim against Google over iPhone data

October 2, 2019 8:51 AM EDT

LONDON (Reuters) - London's Court of Appeal gave the go-ahead for action against Google (NASDAQ: GOOGL) over claims it collected data from more than 4 million iPhone users, overturning a ruling in 2018 that in effect blocked any route to legal redress.

The claimants said Google, a unit of Alphabet Inc., had illegally accessed details of Apple (NASDAQ: AAPL)... More

Most Netflix (NFLX) Subs Won't Use Disney+ or Apple TV - Piper

October 2, 2019 8:13 AM EDT

Piper Jaffray analyst Michael Olson reiterated an Overweight rating and $440.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "Disney and Apple will both launch streaming video services within the next six weeks. Investors are concerned about the potential for market share loss as... More

Apple's (AAPL) BOM Has Enough Cushion to Support Margins into 5G - Goldman Sachs

October 2, 2019 7:32 AM EDT

Goldman Sachs analyst Rod Hall reiterated a Neutral rating and $165.00 price target on Apple (NASDAQ: AAPL) after performing a detailed cost analysis that shows Apple has room in its bill of materials (BOM) to maintain margins in 2020 despite substantial 5G baseband and RF cost... More

Samsung ends mobile phone production in China

October 2, 2019 3:32 AM EDT

By Ju-min Park

SEOUL (Reuters) - Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.

The shutdown of Samsung's last China phone factory comes after it cut production at the plant in the southern city of Huizhou in June and suspended another factory late last year, underscoring stiff competition in the country.

The South Korean tech giant's... More