Apple (AAPL) estimates cut at Piper Sandler on 'tough global phone environment'

Apple (AAPL) M3 could be a 'needle mover' says analyst - here's why

October 30, 2023 1:16 PM EDT

Investors are expecting little out of the Apple (NASDAQ: AAPL) M3 launch event today, but one analyst questioned whether it could be a "needle mover" for the tech giant.

Lynx Equity Strategies' KC Rajkumar told investors in a note Monday that they will be paying close attention to the event, with the Mac, long favored by content creators, being the "client machine of choice for Gen AI developers."

"Anecdotally speaking,... More

Piper Sandler cuts estimates on Apple (AAPL) ahead of EPS

October 26, 2023 6:58 AM EDT

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst commented: "We are reducing estimates on Apple's December quarter guide ahead of earnings next week. The primary reasons for our cut are a tough global... More

Apple (AAPL) Plans Total Overhaul of AirPods Lineup Starting in 2024 - Bloomberg

October 25, 2023 1:13 PM EDT

(Updated - October 25, 2023 1:22 PM EDT)

Apple (AAPL) Plans Total Overhaul of AirPods Lineup Starting in 2024 - Bloomberg

The changes will include a revamped version of Apples entry-level AirPods in 2024 and a new Pro model the following year.A new version of the AirPods Max headphones are coming in 2024.... More

Apple (AAPL) TV Plus price set to rise alongside other subscription services, according to reports

October 25, 2023 10:36 AM EDT

Apple (NASDAQ: AAPL) is increasing the prices for various services, including Apple TV Plus, Apple News Plus, Apple Arcade, and Apple One, according to reports on Wednesday.

The iPhone maker is said to be increasing the Apple TV Plus subscription price to $9.99... More

Apple (AAPL) raises price of Apple News+ to $12.99/Month from $9.99/Month

October 25, 2023 10:16 AM EDT

(Updated - October 25, 2023 10:18 AM EDT)

Subscription to Apple's (NASDAQ: AAPL) news service Apple News+ now costs $12.99 per month vs $9.99 per month previously, according to updated pricing on the company's website.

... More

Apple (AAPL) Raises Price Of TV+ Service From $6.99 To $9.99 Per Month - Bloomberg

October 25, 2023 10:02 AM EDT

(Updated - October 25, 2023 10:05 AM EDT)

Apple Raises Price Of TV+ Service From $6.99 To $9.99 Per Month - Bloomberg

Apple Hikes Price Of Arcade From $4.99 To $6.99, News To $12.99Apple Also Raises Prices Of Apple One Services BundlesPrice Increases For Existing Users Will Kick In In 30 Days... More

Apple (AAPL) PT Lowered to $213 at Goldman Sachs

October 25, 2023 2:57 AM EDT

Goldman Sachs analyst Michael Ng lowered the price target on Apple (NASDAQ: AAPL) to $213.00 (from $216.00) while maintaining a Conviction Buy rating.... More

Apple (AAPL) PT Lowered to $200 at Deutsche Bank

October 25, 2023 1:42 AM EDT

Deutsche Bank analyst Sidney Ho lowered the price target on Apple (NASDAQ: AAPL) to $200.00 (from $210.00) while maintaining a Buy rating.... More

Apple (AAPL) needs to invest heavily in generative AI to catch-up

October 24, 2023 2:30 PM EDT

TF International Securities analyst Ming-Chi Kuo said in a post that he believes Apple (NASDAQ: AAPL) will need to invest several billion dollars annually to catch up with the competition in generative AI.

The analyst explained that his latest survey indicates Apple plans to purchase 2,000 to 3,000 and 18,000 to 20,000 units of AI servers in 2023 and 2024, respectively, representing... More

China production dependence is a big risk for Apple (AAPL) - BoA

October 24, 2023 8:10 AM EDT

BofA analyst Wamsi Mohan said in a note on Tuesday that Apple's (NASDAQ: AAPL) headline China risks could be increasing as they are more in focus.

The analyst, who maintained a Neutral rating and $208 price target on the stock, said... More

Are China risks increasing? BofA weighs in

October 24, 2023 6:02 AM EDT

BofA Securities analyst Wamsi Mohan reiterated a Neutral rating on Apple (NASDAQ: AAPL).

The analyst commented: "Over the past few months, there have been a series of articles that highlight Apples exposure to China (supplier investigation, govt ban, app store non-compliance).... More