Apple scores record 13 Academy Award nominations, as culture-moving feature “Killers of the Flower Moon” lands 10 historic nominations for Best Picture, Best Actress for Lily Gladstone and Best Di

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JPMorgan Comments on Apple (AAPL) Changes to EU Services Monetization

January 25, 2024 4:42 PM EST

JPMorgan 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 EST

Goldman 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 EST

Ahead 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