Apple's Vision Pro headset to go on sale in U.S. starting Feb. 2

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Go back to Apple's Vision Pro headset to go on sale in U.S. starting Feb. 2

KeyBanc data indicates Apple (AAPL) hardware spending is below average

January 10, 2024 10:38 AM EST

KeyBanc Capital maintained a Sector Weight rating on Apple (NASDAQ: AAPL) in a note Wednesday, stating that key first look data (KFLD) shows indexed spending was below the three-year average.

According to analyst Brandon Nispel, the data showed indexed spending rose +27% month-on-month in... More

Apple (AAPL) App Store revenue rose 10% in December - BofA

January 9, 2024 11:19 AM EST

Bank of America said in a note Tuesday that Apple's (NASDAQ: AAPL) App Store revenue increased by 10.1% year-on-year (YoY) globally in December and 10.2% year-on-year in China.

Furthermore, analyst Wamsi Mohan said that as per SensorTower data, App Store revenues in F1Q24 increased to $6.7... More

Apple (AAPL) weakness a buying opportunity, developer conference a key catalyst - Morgan Stanley

January 8, 2024 9:53 AM EST

Apple (NASDAQ: AAPL) shares have been on the back foot since mid-December, continuing the decline into 2024. Still, analysts at JPMorgan and Morgan Stanley provided an optimistic tone in notes on Monday.

JPMorgan's Samik Chatterjee maintained an Overweight rating and $225 price target on the stock, telling investors to put the recent underperformance into context.

"AAPL shares have had tough start to the year, down -6% in the first week, given building pessimism around a lack of momentum in iPhone sales in conjunction (and... More