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Apple (AAPL) remains a top pick at Morgan Stanley, new Macs adding to PC market momentum

January 24, 2023 8:32 AM EST

Apple (NASDAQ: AAPL) remains a top pick at Morgan Stanley, while Evercore ISI said Tuesday that new Macs are adding to the tech giant's momentum in the PC market.

In a research note, Morgan Stanley analyst Erik Woodring told investors, looking ahead to Apple's upcoming earnings release, that a December quarter beat is now priced in, but various near-term catalysts keep Apple as the firm's top pick.

"We are 0-1% ahead of Consensus estimates in the December quarter on the back of better than expected Product shipments... 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 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

Apple (AAPL) AR/VR premium headset to include eye and hand-tracking capabilities - Bloomberg

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