Evercore ISI Out Positive on Apple (AAPL), 'China Smartphone Data - June Was a Big Month for Apple'

Apple (AAPL) Risk-Reward 'Looks Poor' - BTIG

According to BTIG analyst Jonathan Krinsky, Apple's (NASDAQ: AAPL) risk-reward at current levels "looks poor."

The analyst told investors in a note Friday that while the tech giant's stock could could "continue to grind higher into its 7/28 EPS and even tag... More

JPMorgan Mentions Apple (AAPL) Positively: 'China iPhone Demand Accelerating and Better Than Industry'

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $200.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "China Academy of Information and Communications Technology (CAICT) released June smartphone data, which comprised international (Apple) shipments at 3.5 mn units for the month of June, above the historical average of 2.3 mn shipments for the month of June. Shipments in June were down -17% m/m, but still better than seasonal downtick of... More

Exclusive-EU likely to bolster Apple probe with new evidence, no new charges - sources

By Foo Yun Chee

BRUSSELS (Reuters) - EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the hope of speeding up the case, people familiar with the matter said.

The European Commission last year told the iPhone maker that its App Store rules, which require developers to use its own in-app payment system and also prevent them from informing users of other purchasing options,... More

EU Antitrust Regulators Likely To Reinforce Apple (AAPL) Investigation With New Evidence, No New Charges - Reuters

EU Antitrust Regulators Likely To Reinforce Apple (NASDAQ: AAPL) Investigation With New Evidence, No New Charges - Reuters

Apple outlines health technology strategy in new report

By Stephen Nellis

(Reuters) - Apple Inc on Wednesday released a report outlining a two-pronged strategy in digital health markets, courting consumers with health and fitness features on one hand while engaging with traditional healthcare systems on the other.

Spearheaded by Apple's chief operating officer, Jeff Williams, the report is the first time Apple has offered a comprehensive view of its approach to healthcare markets in the eight years since it began releasing health features such as a medical records storage system... More

Canaccord Genuity Bullish on Apple (AAPL) Into Q3 Results

Canaccord Genuity analyst T. Michael Walkley reiterated a Buy rating and $200.00 price target on Apple (NASDAQ: AAPL) as they anticipate "solid "Q3 results and "constructive" Q4 commentary. The firm is also modestly raising estimates.

The analyst commented, "Ahead of Apples earnings report on Thursday, July 28, after the market close, we anticipate solid Q3/F2022 results and adjust our below consensus estimates to reflect improving supply conditions and resilient iPhone... More

Analysts Cut Targets on Apple Stock into Earnings Amid Macro and FX Headwinds

At least two analysts covering Apple (NASDAQ: AAPL) have slashed their price targets on the Cupertino-based tech titan heading into the FQ3 earnings.

Wells Fargo analyst Aaron Rakers cut the price target to $185 from $205 as he sees a worsening COVID situation in China and beyond, a deteriorating macro environment, and increasing FX impacts as the biggest risks to near-term estimates.

Still,... More

Apple (AAPL) PT Lowered to $180 at Morgan Stanley

Morgan Stanley analyst Katy Huberty lowered the price target on Apple (NASDAQ: AAPL) to $180.00 (from $185.00) while maintaining a Overweight rating.... More

Active options: AAPL TSLA NVDA AMZN AMD AMC GOOGL NFLX F META

Active options: AAPL TSLA NVDA AMZN AMD AMC GOOGL NFLX F META

Apple (AAPL) PT Lowered to $185 at Wells Fargo

Wells Fargo analyst Aaron Rakers lowered the price target on Apple (NASDAQ: AAPL) to $185.00 (from $205.00) while maintaining a Overweight rating.... More

Active options: AAPL TSLA NVDA AMZN AMD AMC GOOGL NFLX F

Active options: AAPL TSLA NVDA AMZN AMD AMC GOOGL NFLX F

Apple (AAPL) puts more active than calls as shares rally 1.7%

Apple (NASDAQ: AAPL) July weekly (10) call option implied volatility is at 37, August is at 36; compared to its 52-week range of 20 to 44 into expected release of quarter results on July 28. Call put ratio 1 call to 1.3 puts.

TF's Kuo Says Apple (AAPL) iPhone 14 Suppliers Have Experienced Supply Issues, But Impact Limited

TF International Securities analyst Ming-Chi Kuo said he has learned that recently some Apple (NASDAQ: AAPL) iPhone 14 panel and memory suppliers have experienced supply issues, but it should have a limited impact on the coming mass production of the iPhone 14 because other... More

Apple reaches $50 million settlement over defective MacBook keyboards

By Jonathan Stempel

(Reuters) - Apple Inc agreed to pay $50 million to settle a class-action lawsuit by customers who claimed it knew and concealed that the "butterfly" keyboards on its MacBook laptop computers were prone to failure.

The proposed preliminary settlement was filed late Monday night in the federal court in San Jose, California, and requires a judge's approval.

Customers claimed that... More

Active options: AAPL AMC TSLA NVDA AMZN IBM BAC GOOGL NFLX

Active options: AAPL AMC TSLA NVDA AMZN IBM BAC GOOGL NFLX

Apple (AAPL) July weekly and August call option implied volatility at 37 into quarter results

Apple (NASDAQ: AAPL) July weekly (10) call option implied volatility is at 37, August is at 37; compared to its 52-week range of 20 to 44 into expected release of quarter results on July 28. Call put ratio 1.7 calls to 1 put.

Russia says Apple violates antitrust laws - Reuters

Russia says Apple violates antitrust laws - Reuters

Goldman Sachs Sees Apple Missing FQ3 Consensus, FQ4 Setup Even More Challenging

Goldman Sachs analyst Rod Hall has reflected on Apple (NASDAQ: AAPL) ahead of the companys FQ3 earnings results that are due on July 28.

Hall says Apple likely experienced solid demand in FQ3, fueled by a strong rebound in China. China CAICT data reads positively for Apple, Hall added in a client note.

Based on CAICT data for handset... More

Active options: AAPL AMZN NVDA TSLA GOOGL AMC AMD BAC META MARA NFLX

Active options: AAPL AMZN NVDA TSLA GOOGL AMC AMD BAC META MARA NFLX

Lawsuit accuses Apple of antitrust violations over Apple Pay

By Jonathan Stempel

(Reuters) - Apple Inc was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet.

According to a complaint filed in San Francisco federal court, Apple "coerces" consumers who use its smartphones, smart watches and tablets into using its own wallet for contactless payments, unlike makers of Android-based devices that let... More

Active options: AAPL AMZN NVDA TSLA GOOGL AMC AMD BAC

Active options: AAPL AMZN NVDA TSLA GOOGL AMC AMD BAC

UPDATE: Apple (AAPL) Sued Over Apple Pay, Accused of Antitrust Violations - Bloomberg

(Updated - July 18, 2022 2:20 PM EDT)

Apple (NASDAQ: AAPL) Sued Over Apple Pay, Accused of Antitrust Violations - Bloomberg

Apple (AAPL) call put ratio 1 call to 1.1 puts as shares sell off 1.6%

Apple (NASDAQ: AAPL) July weekly (10) call option implied volatility is at 37, August is at 35; compared to its 52-week range of 20 to 44 as shares sell off 1.6%. Call put ratio 1 call to 1.1 puts.

Apple (AAPL) to Slow Hiring and Spending in 2023 Reports Bloomberg

Apple (NASDAQ: AAPL) intends to slow its hiring and spending growth in some divisions next year to manage the current economic climate, Bloomberg reported Monday.

Citing sources with knowledge of the matter, Bloomberg's Mark Gurman said the decision comes as... More

Apple (AAPL) falls 1.3% following reports it will slow hiring, and spending on some teams next year

Apple (NASDAQ: AAPL) falls 1.3% following reports it will slow hiring, and spending on some teams next year.

Apple to slow hiring, spending for some teams next year - Bloomberg News

(Reuters) -Apple Inc plans to slow hiring and spending growth next year in some units to cope with a potential economic downturn, Bloomberg News reported on Monday, citing people with knowledge of the matter.

The potential move would see Apple - the world's most valuable company - join a growing pool of American corporations including Meta Platforms and Tesla Inc in slowing hiring.

Apple shares reversed course to trade down 1.6% at... More

Apple (AAPL) plans to slow hiring and spending for some teams in 2023 - Bloomberg

Apple (NASDAQ: AAPL) plans to slow hiring and spending for some teams in 2023 - Bloomberg

Active options: AAPL TSLA NVDA AMZN BAC AMD GOOGL AMC BA

Active options: AAPL TSLA NVDA AMZN BAC AMD GOOGL AMC BA

Apple: Bernstein's Sacconaghi Sees FQ3 Beat but 2023 Estimates Likely 'Too High'

Bernstein analyst Toni Sacconaghi has previewed Apples FQ3 earnings report that is due on July 28 after the market close.

Sacconaghi is above the consensus on both EPS and revenue. He sees Apple reporting EPS of $1.19 on revenue of $84 billion, higher than the consensus of $1.15 per share on revenue of $82.5 billion.

Sacconaghi also sees better than expected supply availability in the quarter and healthy Chinese demand, which is likely to be offset by incremental currency headwinds (-170... More