Apple (AAPL) Introduces Next Generation Airpods

Apple (AAPL) Unveils the Apple Music Voice Plan for $4.99/month

October 18, 2021 1:22 PM EDT

Apple® (NASDAQ: AAPL) today announced the Apple Music® Voice Plan, a new subscription tier for Apple Music designed around the power of Siri®. The Apple Music Voice Plan offers subscribers access to the services catalog of 90 million songs; tens of thousands of playlists, including hundreds of brand new mood and activity playlists, personalized mixes, and genre stations; as well as the award-winning Apple Music Radio all through Siri for just $4.99 per month.

Apple Music and Siri are natural partners and already work seamlessly together, said Oliver Schusser, Apples vice president of Apple Music... More

Icahn said he sold Apple (AAPL) too soon but made a 'hell of a lot of money on it'

October 18, 2021 12:42 PM EDT

On CNBC, Carl Icahn said he sold Apple (NASDAQ: AAPL) too soon but made a 'hell of a lot of money on it'. Made $1.8 billion.

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Apple (AAPL) option implied volatility flat into hosting a special event

October 18, 2021 10:37 AM EDT

Apple (NASDAQ: AAPL) October weekly call option implied volatility is at 24, November is at 25; compared to its 52-week range of 19 to 50 into hosting a special event today. Call put ratio 2 calls to 1 put.

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Chip Shortages are Increasingly Becoming a New Bearish Risk, Inflation Bearish for Consumer Electronics - TFI's Kuo

October 18, 2021 6:26 AM EDT

TFI Asset Management analyst Ming-Chi Kuo has offered his thoughts on the current dynamics in the tech sector.

On the ongoing chip shorate, Kuo said that these shortages are increasingly becoming a new bearish risk.

In the past, component shortages usually represented strong demand, structural changes in demand, or opportunities for lifting prices. However, more and more investors are now seeing shortages as a negative. For components in short supply, the increasing range and frequency of price increases have slowed significantly. For components that are not in short supply and end products, shortages mean that shipments will be... More

Apple doubles down on chip strategy with new premium-priced MacBooks

October 18, 2021 6:03 AM EDT

By Stephen Nellis and Subrat Patnaik

(Reuters) -Apple Inc on Monday announced two new MacBook Pro models that run on more powerful in-house chips, furthering its break from previous supplier Intel Corp and showing its strategy for setting its machines apart from the rest of the PC industry.

The new 14-inch and 16-inch models start at $1,999 and range up to $6,099 in their most expensive variations. Using two new chips called the M1 Pro and M1 Max, Apple claims they will far outperform rival machines based on Intel and Advanced Micro Devices, especially when the new laptops... More

Apple (AAPL) Apple (NASDAQ: AAPL) option implied volatility into hosting a special event

October 18, 2021 5:38 AM EDT

Apple (NASDAQ: AAPL) October weekly call option implied volatility is at 18, November is at 23; compared to its 52-week range of 19 to 50 into hosting a special event today. Call put ratio 1.9 calls to 1 put.

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Advertising Seen as a Natural Market for Apple (AAPL) to Enter With $20B+ Upside Potential

October 15, 2021 9:43 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and a $180.00 per share price target after discussing Apples recent activities in the ad market with Michael Kenny, founder of Big Three Wheels marketing agency.

The marketing expert has clients that are heavily dependent on Facebook (NASDAQ: FB) and Google (NASDAQ: GOOGL), but he believes Apple can gain some share in the digital ad market.

Apples move to eliminate third-party tracking and limit attribution has had a significant impact on the advertising market. The... More

Active options: AMD AAPL BAC TSLA NVDA PLUG FB SOFI

October 14, 2021 9:47 AM EDT

Active options: AMD AAPL BAC TSLA NVDA PLUG FB SOFI

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Apple (AAPL) iPhone 13 Preorders Stronger Than Expected, Citi Reiterates Buy

October 14, 2021 7:19 AM EDT

Citi analyst Jim Suva reiterated a Buy rating and $170.00 price target on Apple (NASDAQ: AAPL) on the belief that demand remains strong and the supply chain issues will be resolved.

The analyst stated "checks continue to suggest underlying demand across consumer tech remains... More

Needham & Company Lowers Apple (AAPL) Dec. Qtr Estimates

October 14, 2021 6:35 AM EDT

Needham & Company analyst Laura Martin reiterated a Buy rating and $170.00 price target on Apple (NASDAQ: AAPL) but lowered estimates for the December quarter:

Sept Q (FY4Q21) Ests. We maintain our AAPL estimates for FY3Q21 (ended Sept 30, 2021) at... More

Apple (AAPL) Earnings Preview: Citi and Needham Weigh In, Expects an F4Q Beat But More Cautious Stance Amid Supply Chain Challenges

October 14, 2021 6:32 AM EDT

Citi analyst Jim Suva has weighed in on Apple (NASDAQ: AAPL) ahead of the companys earnings report that is due on October 28 after the market close.

The analyst is projecting sales of $1.3 billion higher than the Street consensus, as well as EPS higher by $0.03.

We do not expect Apple to give guidance for the December quarter given COVID and supply chain challenged. We maintain our Buy rating with +20% upside to the stock but this will be driven by fundamental upside to sales, EPS and cash flow rather than valuation multiple expansion. The... More