Bernstein skeptical that Apple (AAPL) India will follow China growth

Go back to Bernstein skeptical that Apple (AAPL) India will follow China growth

Apple's (AAPL) AR/VR headset can succeed where others have not - Goldman Sachs

May 22, 2023 7:55 AM EDT

Goldman Sachs analyst Michael Ng told investors in a note Monday that the firm believes Apple's (NASDAQ: AAPL) AR/VR headset can succeed where others may have not.

Ng's note previewed Apple's keynote presentation at its Worldwide Developers Conference (WWDC) on June 5.

The analyst,... More

Apple (AAPL) stock falls as analyst cuts on macro headwinds that are hurting iPhone demand

May 22, 2023 7:43 AM EDT

Apple (NASDAQ: AAPL) shares trade 1% lower in pre-open Monday after Loop Capital analyst Ananda Baruah downgraded to Hold from Buy.

The analysts price target implies an upside potential of less than 3% based on Fridays close.

Baruah sees a material downside risk... More

Loop Capital Downgrades Apple (AAPL) to Hold

May 22, 2023 5:56 AM EDT

(Updated - May 22, 2023 7:31 AM EDT)

Loop Capital analyst Ananda Baruah downgraded Apple (NASDAQ: AAPL) from Buy to Hold with a price target of $180.00.

The analyst comments "Downgrading to Hold while leaving our PT at $180 after weve now seen AAPL reduce its... More

Bernstein on Apple (AAPL): We are skeptical that India will necessarily follow China's growth trajectory

May 22, 2023 4:31 AM EDT

Bernstein analyst Toni Sacconaghi reiterated a Market Perform rating and $175.00 price target on Apple (NASDAQ: AAPL).

"We estimate that India represented ~2.5% of iPhone units sold (~6M) and ~1.5 to 2% of total company revenues in FY 22. Looking forward, based on continued strong economic growth, our analyses suggests that Apple's India business could grow at nearly... More

Goldman Sachs previews Apple's (AAPL) WWDC 2023 presentation

May 22, 2023 4:13 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $209.00 price target on Apple (NASDAQ: AAPL).

"Ahead of Apple's keynote presentation at its Worldwide Developers Conference (WWDC) on June 5, we preview our key expectations which include updates to its product operating systems, the announcement of new MacBooks including the 15" MacBook Air, and the announcement of a new AR/VR headset. In our view, the operating... More

Apple (AAPL) restricts employees use of ChatGPT and other AI tools - WSJ

May 19, 2023 10:12 AM EDT

iPhone maker Apple (NASDAQ: AAPL) is restricting the use of ChatGPT and other external artificial intelligence tools for some employees, according to a report by The Wall Street Journal Friday.

The WSJ said a document it has seen, and its... More

BofA's Hartnett says artificial intelligence (AI) is a 'baby bubble' for now

May 19, 2023 7:41 AM EDT

The highlight of the stock market in 2023 has been The Magnificent Seven i.e. the surge in shares of the mega-cap tech stocks, Bank of Americas Michael Hartnett writes in his regular weekly column.

The Big 7 monopolistic U.S. Tech stocks - Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Google (NASDAQ:... More

Samsung to keep Google (GOOGL) as default search engine, no longer mulls switch to Bing

May 19, 2023 7:03 AM EDT

Samsung is no longer considering a switch of the default search engine on its devices, and will stick with Alphabet's (NASDAQ: GOOGL) Google, the Wall Street Journal reported early Friday.

According to the people familiar with the matter, the world's largest smartphone... More

Apple (AAPL) option IV near low end of range as shares trend higher

May 19, 2023 4:59 AM EDT

Apple (NASDAQ: AAPL) 30-day option implied volatility is at 19; compared to its 52-week range of 19 to 45 into Apple WWDC 2023 on June 5.

... More

Apple (AAPL) Restricts Use Of ChatGPT For Employees - WSJ

May 19, 2023 4:11 AM EDT

Apple (AAPL) Restricts Use Of ChatGPT For Employees - WSJ

... More

Apple restricts use of OpenAI's ChatGPT for employees -WSJ

May 18, 2023 7:36 PM EDT

(Reuters) -Apple Inc has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple develops similar technology, the Wall Street Journal reported on Thursday, citing a document and sources.

Apple is concerned about the leak of confidential data by employees who... More