Apple (AAPL) expands hiring freeze and stalls bonuses as part of cost cutting effort - Bloomberg

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Apple (AAPL) to delay bonuses, expand hiring freeze - Bloomberg

March 14, 2023 1:43 PM EDT

(Updated - March 14, 2023 1:45 PM EDT)

Apple (NASDAQ: AAPL) to delay bonuses, expand hiring freeze - Bloomberg

shifting more workers to once-a-year schedulecurbs travel, tightens approval process for budget itemsmore closely monitoring how often staff comes to the office... More

Apple (AAPL) introduces Shop with a Specialist over Video

March 14, 2023 10:01 AM EDT

Apple® today launched Shop with a Specialist over Video, a new live shopping experience on apple.com for customers in the U.S. Shop with a Specialist over Video connects customers looking to purchase iPhone® with a retail team member via a safe and secure, one-way video shopping session. With this new service, customers can browse the latest models, explore new features, and learn about Apple Trade In offers, carrier deals, switching to iOS, and various financing options.

Were constantly innovating to deliver an even more... More

Evercore ISI believes Apple premium valuation could expand further

March 14, 2023 8:26 AM EDT

Apple's (NASDAQ: AAPL) premium valuation could further expand, according to Evercore ISI analyst Amit Daryanani.

Evercore ISI currently has an Outperform rating and a $190 price target on Apple shares. While Daryanani acknowledged that investors have been somewhat critical of the firm's recent bullishness on Apple, he maintained his positive stance on the stock.... More

We think Apple (AAPL) deserves a premium multiple - Evercore ISI

March 14, 2023 5:00 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).

"We would argue that, in the current macro backdrop, AAPLs premium is not only justified but could further expand given premium efficiency metrics (ROIC, ROE,... More

Apple (AAPL) remains underweighted by fund managers - BofA

March 12, 2023 4:26 PM EDT

BofA Securities analyst Wamsi Mohan reiterated a Neutral rating on Apple (NASDAQ: AAPL).

"At the end of Jan, AAPL ownership declined 37bps MoM to 72.7%, while weighting declined 0.01x MoM to 0.60x. AAPL % of sell-side Buy ratings in February at 78% was... More