Apple (AAPL) begins layoffs in some retail channels - AppleInsider
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January 24, 2023 2:24 PM EST
Bernstein 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
January 24, 2023 2:58 AM EST
Morgan 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
January 23, 2023 2:22 PM EST
In 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
January 23, 2023 1:13 PM EST
Deutsche 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
