Spotify to start in-app purchases on iPhone in Europe after DMA takes effect
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Evercore ISI on Apple (AAPL) AppStore Impact: 'We think the aggregate impact of all of this is sub 1% to top/bottom line', 'Sticking with OP and $220 target'
January 26, 2024 1:16 PM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "ALL YOU NEED TO KNOW: There has been a TON of questions on understanding the various parts of what is happening with... More
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) Vision Pro the first step in a broader AI strategy for the iPhone maker - Wedbush
January 24, 2024 12:15 PM ESTWedbush analyst Dan Ives said in a note Wednesday that the Apple (NASDAQ: AAPL) Vision Pro was strong out of the gates, and it is the first step in a broader artificial intelligence strategy for the iPhone maker.
Ives, who has an Outperform rating and $250 price target on AAPL shares, said that around six months ago, the consensus view on the Street was that 70,000 to 80,000 would be the initial targets... More
