Nvidia on cusp of overtaking Apple as second-most-valuable company
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BofA Securities on Apple (AAPL): 'Apple's pricing strategy is driving both unit and rev share'
March 12, 2024 9:33 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $225.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "The first iPhone, launched in 2007, was priced at $499 (4GB) and $599 (8GB). Fast forward to 17 years later, Apple now offers iPhones with prices ranging from $429... More
Evercore ISI Says The Apple (AAPL) Selloff is Overdone, 'strong valuation support at current levels'
March 11, 2024 4:08 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "AI On the Edge The Next Supercycle: As AI enabled tools become more mainstream we think there will be a strong value proposition to run AI on the edge (inferencing). The advantage of doing on the edge (iPhone) would be lower latency,... More
Apple (AAPL) global App Store revenues grew +15% YoY in February - BofA
March 11, 2024 1:30 PM EDTApple (NASDAQ: AAPL) shares, which have been struggling in recent months, are up around 1% Monday, helped by comments from BofA analysts who said global App Store revenue increased 15% year-on-year in February.
The investment bank also calculated, using data from SensorTower, that revenue from China... More
NVIDIA (NVDA) Erases Gain, Tests Session Low
March 8, 2024 11:27 AM ESTNVIDIA (NASDAQ: NVDA) Erases Gain, Tests Session Low
The stock was up 5% earlierCurrently down 2%... More