Apple (AAPL) iPhone 14 Pro Adoption is "A Bit Stronger" Than Expected - Morgan Stanley
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Top Apple Analyst Forecasts Below-Consensus FY Revenue and EPS, Sees 'Elevated' Valuation
September 14, 2022 7:21 AM EDTToni 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'
September 13, 2022 6:53 PM EDTMorgan 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
September 13, 2022 10:28 AM EDTMorgan 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
September 13, 2022 9:35 AM EDTAccording 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
