Apple (AAPL) PT Lowered to $160 at Rosenblatt

UPDATE: Apple (AAPL) PT Raised to $139 at Goldman Sachs, 'We believe there are better options for investors'

July 29, 2022 7:01 AM EDT

(Updated - July 29, 2022 7:02 AM EDT)

Goldman Sachs analyst Rod Hall raised the price target on Apple (NASDAQ: AAPL) to $139.00 (from $130.00) while maintaining a Neutral rating.

The analyst comments "We expect Apples shares to decline on these earnings, although note the stock is up over 2% in pre-market. Apple reported better... More

Apple (AAPL) PT Raised to $185 at Citi, '5 Reasons To Buy The Stock'

July 29, 2022 6:20 AM EDT

Citi analyst Jim Suva raised the price target on Apple (NASDAQ: AAPL) to $185.00 (from $175.00) while maintaining a Buy rating.

The analyst comments "While investors were concerned about the general slowdown in consumer spending, Apple posted an all-time high over 1.8 billion installed... More

Apple (AAPL) Tops Earnings Estimates as iPhone Excels Again, Analysts Positive

July 29, 2022 5:43 AM EDT

Shares of Apple (NASDAQ: AAPL) are up 2.5% in premarket Friday trading after the tech titan reported better-than-expected FQ3 results.

Apple reported an EPS of $1.20 on revenues of $82.96 billion to beat the expected $1.16 on revenue of $82.76 billion. The beat was driven by another quarter of the iPhone outperformance with sales coming in at $40.67 billion, much better than the $38.85 Street consensus.

Both Mac and iPad missed their targets with Apple blaming supply chain constraints. Services came in at $19.60 billion, slightly... More

Stocks expected to have increasing option volume: AAPL YUMC HIG BHC PBR PCG

July 29, 2022 4:45 AM EDT

Stocks expected to have increasing option volume: AAPL YUMC HIG BHC PBR PCG

... More

Apple (AAPL) PT Raised to $169 at Barclays

July 29, 2022 4:21 AM EDT

Barclays analyst Tim Long raised the price target on Apple (NASDAQ: AAPL) to $169.00 (from $166.00) while maintaining a Equalweight rating.... More

Apple (AAPL) PT Raised to $185 at Evercore ISI

July 29, 2022 3:42 AM EDT

Evercore ISI analyst Amit Daryanani raised the price target on Apple (NASDAQ: AAPL) to $185.00 (from $180.00) while maintaining a Outperform rating.... More

Apple (AAPL) PT Lowered to $166 at Credit Suisse

July 29, 2022 1:33 AM EDT

Credit Suisse analyst Sami Badri lowered the price target on Apple (NASDAQ: AAPL) to $166.00 (from $169.00) while maintaining a Neutral rating.... More

Apple (AAPL) Declares $0.23 Quarterly Dividend; 0.6% Yield

July 28, 2022 4:56 PM EDT

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.

The dividend will be payable on August 11, 2022, to stockholders of record on August 8, 2022, with an ex-dividend date of August 5, 2022.

The annual yield on the dividend is 0.6 percent.

For a... More

Apple Shares Up 3% After Q3 Earnings Beat on Strong iPhone Sales

July 28, 2022 4:55 PM EDT

Apple (NASDAQ: AAPL) shares were trading nearly 3% higher after-hours Thursday following the companys reported Q3 results, with EPS of $1.20 coming in better than the consensus estimate of $1.16. Revenue grew 2% year-over-year to $83 billion, beating the consensus estimate of $82.59 billion, and representing a Q3... More

Apple forecasts faster sales growth, strong iPhone demand despite glum economy

July 28, 2022 4:31 PM EDT

By Paresh Dave and Nivedita Balu

(Reuters) -Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.

The Silicon Valley giant's shares rose 3.5% after hours following the release of the results.

Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones, the company's biggest source of revenue.

Phone sales in the fiscal third quarter rose 3% to $40.7... More

Apple (AAPL) Tops Q3 EPS by 4c, Revenues Beat

July 28, 2022 4:30 PM EDT

Apple (NASDAQ: AAPL) reported Q3 EPS of $1.20, $0.04 better than the analyst estimate of $1.16. Revenue for the quarter came in at $83 billion versus the consensus estimate of $82.59 billion.

This quarters record results speak to Apples constant efforts to innovate, to advance new... More