Evercore ISI Reiterates Outperform Rating on Apple (AAPL)

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Apple (AAPL) offering 'deep' discounts on iPhone to defend market share in China

May 21, 2024 6:42 AM EDT

According to research from analysts at Jefferies, Apple (NASDAQ: AAPL) is offering deeper discounts in China for the 618 shopping day festival.

The firm said 618 pre-sales on JD and Tmall started on May 20, with a three to six percentage point increase in discounts... More

Apple (AAPL): More evidence points to a flattish iPhone cycle - UBS

May 20, 2024 7:01 AM EDT

With analysts continuing to focus on iPhone demand, UBS said in a note this week that data points to a flattish iPhone cycle for Apple (NASDAQ: AAPL).

The bank noted that immediately before and after Apple's recent quarterly earnings report, the market started to embed a recovery in... More

UBS Reiterates Neutral Rating on Apple (AAPL)

May 20, 2024 6:08 AM EDT

UBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Immediately prior to and post Apple's earnings report, the market started to embed a recovery in iPhone unit demand given enthusiasm that AI is a tailwind. Specifically, the market expects AI capabilities and... More

Apple launches aggressive iPhone discounts in China amid Huawei competition

May 20, 2024 5:56 AM EDT

Apple (NASDAQ: AAPL) has initiated an aggressive discounting campaign on its official Tmall store in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.

The campaign, through which Apple aims to defend its position in the high-end smartphone market amid... More

Apple slashes iPhone prices in China amid fierce Huawei competition

May 20, 2024 5:22 AM EDT

BEIJING (Reuters) - Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.

The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals such as Huawei.

... More

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

May 20, 2024 5:22 AM EDT

Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.


Collectively, Apple Inc (NASDAQ: AAPL)., Amazon.com Inc (NASDAQ: AMZN)., Alphabet (NASDAQ: GOOGL) Inc., Meta Platforms Inc (NASDAQ: META)., Microsoft... More

Apple (AAPL) option IV into hosting its annual Worldwide Developers Conference

May 20, 2024 4:24 AM EDT

Apple (NASDAQ: AAPL) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024.

... More

Apple set to release slimmer iPhone in 2025, the Information reports

May 17, 2024 2:05 PM EDT

(Reuters) - Apple is developing a slimmer version of the iPhone that is likely to be launched by 2025, the Information reported on Friday, citing three people with knowledge of the project.

The potential thinner version is likely to be priced higher than Apple's iPhone Pro Max, and is expected to be launched with the iPhone 17 in September 2025, the report said.

... More

Apple (AAPL) Plans Thinner iPhone in 2025 - The Information

May 17, 2024 12:19 PM EDT

Apple (NASDAQ: AAPL) Plans Thinner iPhone in 2025 - The Information

Report cites people with direct knowledge of the project.

... More

Apple (AAPL) option implied volatility near low end of range

May 17, 2024 10:17 AM EDT

Apple (NASDAQ: AAPL) 30-day option implied volatility is at 18; compared to its 52-week range of 16 to 31 into hosting its annual Worldwide Developers Conference (WWDC) from June 10 through 14, 2024. Call put ratio 1.3 calls to 1 put.

... More

Berkshire Hathaway reveals $6.7 bln stake in Chubb, shares hit record high

May 16, 2024 5:19 AM EDT

Investing.com-- Warren Buffetts Berkshire Hathaway Inc (NYSE: BRKa) on Wednesday revealed it had taken a $6.72 billion stake in Chubb Ltd (NYSE:... More