Apple in talks with Disney, others on VR content for new headset - Bloomberg News

Go back to Apple in talks with Disney, others on VR content for new headset - Bloomberg News

The 'dramatically weakening dollar' a cushion for tech - Bernstein

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

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