Apple (AAPL) iPhone 14 Pro Adoption is "A Bit Stronger" Than Expected - Morgan Stanley

Top Apple Analyst Forecasts Below-Consensus FY Revenue and EPS, Sees 'Elevated' Valuation

Toni Sacconaghi, the Senior Analyst at Bernstein covering US IT Hardware, believes the risk-reward on Apple (NASDAQ: AAPL) shares is neutral to modestly negative over the next 3-6 months.

Sacconaghi, one of the closely-watched tech analysts on the Street, reminds investors that Apples valuations remains elevated vs. history and its tech peers.... More

Morgan Stanley Bullish on Apple (AAPL): 'Early iPhone 14 Lead Times Starting Off Stronger Than Expected'

Morgan Stanley analyst Katy Huberty reiterated an Overweight rating and $180.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Strong US lead times are supported by robust pre-order demand in China & preference for Pro/Pro Max models. Overall, initial China pre-order data... More

Apple's iPhone 14 Satellite Compatibility Highlights Advantages of SpaceX - Morgan Stanley

Morgan Stanley analyst Adam Jonas said in a note to clients Tuesday that the Apple (NASDAQ: AAPL) iPhone 14 is "free advertising for SpaceX and Starlink."

Jonas believes Apple's iPhone 14 satellite compatibility, while having extremely low bandwidth today, will eventually become a "standard kit across the mobile cortex."

"SpaceX is targeting over 100... More

China Mobile Phone Shipment Data for July is 'Incremental Negative' for Chipmakers

According to the China Academy of Information and Communications Technology (CAICT), the number of smartphones shipped domestically was 19.12 million, down 31% YoY and 30% MoM.

China-branded mobile phone shipments were 18.28 million, down 29% YoY. Non-China branded mobile phone shipments (e.g. Apples iPhone) were 1.63 million, down 42% YoY.

Apples (NASDAQ: AAPL) share of shipments fell to 7% from 10% in June, but still up 3% compared to a... More