Apple wins appeal to keep $308 million U.S. patent verdict at bay
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
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The 'dramatically weakening dollar' a cushion for tech - Bernstein
January 24, 2023 2:24 PM ESTBernstein analyst Toni Sacconaghi said in a note to clients that the "dramatically weakening dollar" is a "cushion for tech."
The analyst explained that in 2022, the US dollar strengthened materially, creating a "meaningful headwind to revenues for US-based tech (and non-tech) companies."
"However, since most companies reported earnings in... More
Morgan Stanley Reiterates Top Pick on Apple (AAPL), ' Dec Q Beat Now Priced In But Myriad NTM Catalysts Keep Apple As Top Pick'
January 24, 2023 2:58 AM ESTMorgan Stanley analyst Erik Woodring reiterated an Overweight rating and $175.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We are 0-1% ahead of Street Dec Q ests on Product and Services outperformance but 1-3% below Consensus in March Q due to lower... More
Apple (AAPL) AR/VR premium headset to include eye and hand-tracking capabilities - Bloomberg
January 23, 2023 2:22 PM ESTIn a report Monday, Bloomberg said Apple's (NASDAQ: AAPL) much-anticipated mixed-reality headset will make an ambitious attempt to create a 3D version of the iPhone's operating system.
The headset will have eye and hand-tracking systems that could set the technology apart from rival products, Bloomberg reports.
The device will reportedly be... More
Apple (AAPL) estimates trimmed at Deutsche Bank but 'supply constraints have improved'
January 23, 2023 1:13 PM ESTDeutsche Bank analyst Sidney Ho cut the firm's price target on Apple (NASDAQ: AAPL) to $160 from $170, maintaining a Buy rating on the stock in a note Monday.
The analyst said the firm is trimming estimates further for CY23 and is more cautious... More
