Apple says it wants to spend more on suppliers in Vietnam
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April 16, 2024 4:30 PM EDT
Apple (NASDAQ: AAPL) has faced a lot of negative headlines related to antitrust actions over the past year in both the US and Europe. In March, the European Commission fined Apple over 1.8 billion for "abusing its dominant position on the market" for the distribution of music streaming apps to iOS users through its App Store.
Meanwhile, the US Justice Department said in March that it is suing Apple for "monopolizing smartphone markets."
Analysts at Evercore ISI said in a note Tuesday that they see three primary areas of risk.... More
April 16, 2024 10:00 AM EDT
Needham & Company analysts highlighted two reasons they believe investors are not buying shares of Apple (NASDAQ: AAPL).
The iPhone maker's stock has declined by more than 7% this year as the company has faced headwinds impacting its business. Slowing demand and competition concerns have helped weigh on the stock.
Based on their conversations, Needham pointed to... More
April 16, 2024 6:22 AM EDT
Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Apple has faced a lot of negative headlines related to anti-trust actions over the past year. We see three primary areas of risk. 1) The DOJ filed a lawsuit against Apple in March that alleges anti-trust violations around their walled... More
