KeyBanc expects below-average Apple (AAPL) iPhone sales growth in F4Q23

Citi First Take on Apple (AAPL) iPhone15: Will Drive Higher Premiumization

Citi 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

Any direct impacts from Apple iPhone ban in China 'should prove minimal' - Goldman Sachs

Goldman Sachs estimates a three to four percent headwind to Apple's (NASDAQ: AAPL) revenue and EPS from the potential iPhone ban in China, analyst Michael Ng said in a note Monday.

Despite the potential ban, which coincides with Huawei's launch of new smartphones,... More

Goldman Sachs on Apple (AAPL) and China: 'any direct impacts of the reported government ban should prove minimal'

Goldman 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

Tesla, Apple, Hostess Brands, Boeing rise premarket; Alibaba falls

Investing.com -- U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action.

Here are some of the biggest premarket U.S. stock movers today:

Tesla (NASDAQ: TSLA) stock rose 6% after Morgan Stanley upgraded its stance on the electric... More

Apple's (AAPL) China share loss risk limited to single-digit percentages - Evercore ISI

Evercore ISI analyst Amit Daryanani told investors Monday that there is some risk of China share losses for Apple (NASDAQ: AAPL).

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

Qualcomm (QCOM) soars 8% as Apple (AAPL) renews chip agreement through 2026

Qualcomm Technologies (NASDAQ: QCOM) announced today that it has secured an agreement with Apple (NASDAQ: AAPL) to provide its high-end chips for Apples smartphones.

The agreement covers the products that are set to be launched in 2024, 2025, and... More

Qualcomm to supply Apple with 5G chips until 2026 under new deal

By Stephen Nellis

(Reuters) -Qualcomm said on Monday it had signed a deal with Apple to supply 5G chips until at least 2026, at a time when the iPhone maker faces increased challenges in China and looks to reinforce its supply chains elsewhere.

The deal extends a relationship worth billions of dollars to Qualcomm for at least three years beyond what was expected and indicates Apple is not rushing out its own modem, despite moving all its computers to processing chips of its own design.

Qualcomm shares were up 4% in early afternoon trade. The company is the... More

Qualcomm (QCOM) Announces Agreement with Apple (AAPL) for Chip Supply

(Updated - September 11, 2023 7:34 AM EDT)

Qualcomm Technologies, Inc. today announced that it has entered into an agreement with Apple Inc. to supply Snapdragon® 5G ModemRF Systems for smartphone launches in 2024, 2025 and 2026. This agreement reinforces Qualcomm's track record of sustained... More

Apple (AAPL) Extends Qualcomm (QCOM) Modem Chip Contract For Three More Years - Bloomberg

Apple Extends Qualcomm Modem Chip Contract For Three More Years - Bloomberg

We are cautious going into Apple's (AAPL) F4Q as our data is telling us we should expect below average growth - KeyBanc

KeyBanc analyst Brandon Nispel reiterated an Overweight rating and $200.00 price target on Apple (NASDAQ: AAPL).

"Results from our August Key First Look Data indicate slightly higher sequential sales of iPhones (+5% m/m, -5% y/y), which were above historic seasonal trends, likely reflecting an easy comp from July. Our data shows Aug. historically has a low delta... More

There is 'some risk of China share losses for Apple' - Evercore ISI

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $210.00 price target on Apple (NASDAQ: AAPL).

"There is some risk of China share losses for Apple, but even in our worst-case scenario the impact will be in single digit percentages. We... More

iPhone 15 Max Pro rival? China's Huawei launches its strongest smartphone - Mate 60 Pro+

China's Huawei Technologies has started presales for its high-end Mate 60 Pro+ smartphone, adding to its lineup of devices that have gained attention for the company's resilience against U.S. sanctions.

It is the third member of the Mate 60 family. According to various media reports, the new phone will come with 16 GB of RAM and will offer two storage options: 512 GB or a whopping 1 TB.

The... More

Apple extends drop after reported China ban on iPhone use by government officials

Investing.com -- Shares in Apple (NASDAQ: AAPL) fell in early U.S. trading on Thursday, as a decline in the stock stretched into a second straight day following a report that China had banned government officials from using the tech giant's iPhone and other foreign-branded devices for work.

Citing unnamed people familiar with the matter, the Wall Street Journal said on Wednesday that... More

Apple shares, Asian suppliers sink on China iPhone restrictions

Investing.com-- Shares of Apple Inc (NASDAQ: AAPL) and its Asian suppliers fell sharply on Thursday and Friday after China reportedly barred government officials from using iPhones, with the move coming just days before the launch of a new line of phones.

Media reports said that Beijing ordered central government officials to not use iPhones for official purposes, while state-owned companies and government agencies were also considering similar moves.

The restrictions point to a potential slowdown in... More