Alphabet (GOOG) falls as Samsung mulls switching to Bing
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CEO Tim Cook 'excited' as Apple (AAPL) opens its first store in India
April 18, 2023 9:00 AM EDTApple (NASDAQ: AAPL) opened their first store in India on Tuesday, highlighting the importance of the market to the companys future.
Apple CEO Tim Cook has long viewed India as a key market to Apples future and in February he said he was bullish on the worlds fifth-largest economy and the company is putting a significant amount of energy into the market.
The first store, named Apple BKC, is located in Mumbais Bandra Kurla... More
Evercore ISI on Apple (AAPL): 'Net/Net Apple should have more leverage over Google in future negotiations'
April 17, 2023 3:57 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "ALL YOU NEED TO KNOW: The NYT reported over the weekend that Samsung is considering replacing Google with Bing as the default search engine on their phones. The report is somewhat surprising given Samsung phones run on the Android operating system created by Google, but we think this event should... More
Roth/MKM on Alphabet (GOOGL): 'We estimate Google pays approx. $28-31 to distributors in Traffic Acquisition Costs per year with Apple (AAPL)'
April 17, 2023 2:07 PM EDTRoth/MKM analyst Rohit Kulkarni reiterated a Buy rating and $126.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "We estimate Google pays approx. $28-31 to distributors in Traffic Acquisition Costs per year with Apple (AAPL, NC) accounting for >$20bn per year, and Samsung likely... More
Morgan Stanley sees buying opportunity in Microsoft (MSFT)
April 17, 2023 9:48 AM EDTMorgan Stanley's Keith Weiss told investors in a note Monday that the firm sees a buying opportunity on Microsoft (NASDAQ: MSFT).
"Microsoft consistently screens as best positioned to gain market share, we see a buying opportunity," stated the analyst, who reiterated an Overweight rating and $307 price target on MSFT shares.
Microsoft shares are up more... More
Apple's (AAPL) move in India could be a 'strategic poker move,' claims Wedbush analyst
April 17, 2023 8:22 AM EDTApple (NASDAQ: AAPL) could ramp annual revenue to $20 billion by 2025 in India, according to Wedbush analyst Daniel Ives who has an Outperform rating and $205 price target on the stock.
"This week marks a significant strategic move for Cupertino as Cook will cut the red ribbon on the first India retail stores this week in Mumbai and New Delhi," Ives explained.
He... More
