Qualcomm (QCOM) Announces Agreement with Apple (AAPL) for Chip Supply
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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
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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
Deutsche Bank on Qualcomm (QCOM) Deal with Apple (AAPL): 'clearly a positive for QCOM'
September 11, 2023 9:25 AM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $120.00 price target on Qualcomm (NASDAQ: QCOM).
The analyst comments "This announcement is clearly a positive for QCOM, with eventual AAPL loss now not expected until 2026 at the earliest (vs. prior expectations of 2024).... More
Rosenblatt on Qualcomm (QCOM) and Apple (AAPL) Supply Agreement: 'We view this as positive news for QCOM shares today'
September 11, 2023 8:41 AM EDTRosenblatt analyst Kevin E. Cassidy reiterated a Buy rating and $145.00 price target on Qualcomm (NASDAQ: QCOM)
The analyst comments "With a press release this morning, Qualcomm announced signing a Snapdragon 5G Modem-RF Systems supply agreement with Apple for smartphones launches in 2024, 2025 and 2026. Previous... More
Evercore ISI on Qualcomm (QCOM): 'New Apple Supply Agreement a Clear Positive For EPS Trajectory Into Next Mobile Upturn'
September 11, 2023 8:39 AM EDTEvercore ISI analyst C.J. Muse reiterated an In Line rating and $140.00 price target on Qualcomm (NASDAQ: QCOM).
The analyst comments "QCOM this morning announced that it has entered into an agreement with Apple to supply Snapdragon 5G ModemRF Systems for smartphone launches in 2024, 2025 and 2026. QCOM now assumes 20% share of... More
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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
Apple's (AAPL) China share loss risk limited to single-digit percentages - Evercore ISI
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The analyst's comments follow news that the Chinese Government has banned officials and state employees from using iPhones while Huawei released its new Mate 60... More
