Apple shares, Asian suppliers sink on China iPhone restrictions
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Citi First Take on Apple (AAPL) iPhone15: Will Drive Higher Premiumization
September 12, 2023 4:34 PM EDTCiti analyst Atif Malik reiterated a Buy rating and $240.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple released new iPhone 15 and Watch Series 9 products today. On first impression, IP15 is a much bigger spec upgrade from IP14 than... More
Goldman Sachs on Apple (AAPL) and China: 'any direct impacts of the reported government ban should prove minimal'
September 11, 2023 9:28 AM EDTGoldman Sachs analyst Michael Ng reiterated a Conviction Buy rating and $222.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "According to the WSJ, the Chinese government ordered officials at certain government agencies and state-owned enterprises not to use foreign-branded devices including the iPhone for work or bring them into the... More
KeyBanc expects below-average Apple (AAPL) iPhone sales growth in F4Q23
September 11, 2023 8:27 AM EDTKeyBanc Capital Markets analyst John Vinh said in a note Monday that the firm's data shows investors should expect below-average Apple (NASDAQ: AAPL) iPhone sales growth in F4Q23.
The analyst explained that results from the firm's August Key First Look Data indicate "slightly higher sequential sales of iPhones (+5% m/m, -5%... More
Full restriction of TAC payments the worst case scenario for Google and Apple - Morgan Stanley
September 8, 2023 9:30 AM EDTIn a note to clients Friday, Morgan Stanley analyst Brian Nowak assessed the DoJ vs. Google trial and why it matters to both Alphabet (NASDAQ: GOOGL) and Apple (NASDAQ: AAPL).
The trial is scheduled to begin on September 12, with the DoJ alleging that Google illegally obtained its dominance in search and search advertising.
According to Nowak, the key question is whether a final ruling could result in changes to Google's Search contracts with hardware OEMs (i.e. Apple, Samsung, etc.), wireless carriers, and web... More
