Apple bids to throw out $1 billion UK lawsuit over app store fees
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JPMorgan Comments on Apple (AAPL) Changes to EU Services Monetization
January 25, 2024 4:42 PM ESTJPMorgan analyst William Yang reiterated an Overweight rating on Apple (NASDAQ: AAPL).
The analyst comments "Apple will enable alternative app stores for consumers to download apps, and the ability to use alternative payment systems starting March of this year. Apple is charging a lower commission rate in the range of 10% to 17% (vs. prior rates of 15% to 30%) for apps sold through the... More
Goldman Sachs Previews Apple (AAPL) Earnings
January 25, 2024 4:43 AM ESTGoldman Sachs analyst Michael Ng reiterated a Conviction Buy rating and $223.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We expect AAPL to deliver relatively in-line results for F1Q24 with EPS of $2.10 (v. FactSet consensus of $2.10) and revenue of $117.4 bn (v. consensus of $118.1 bn). Services revenue should grow 11% yoy (including a ~7pp... More
Apple (AAPL) earnings to serve as a clearing event - Morgan Stanley
January 24, 2024 7:58 AM ESTAhead of Apple's (NASDAQ: AAPL) earnings release at the beginning of February, Morgan Stanley analyst Erik Woodring said they expect the release "to serve as a clearing event."
This will allow investors to refocus on the FY25 'Edge AI' opportunity and margin/Services... More
