Apple debuts iPhone 16 with test AI software rolling out this year and next
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Citi Reiterates Buy Rating on Apple (AAPL) Following Ireland Tax Ruling
September 10, 2024 11:44 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "On Sep 10, 2024, Europes top court ruled against Apple to pay 13Bn ($14.4Bn) in back taxes to Ireland, marking the end of the 10-year... More
Evercore ISI on Apple (AAPL) Order to pay back taxes in Ireland: 'the final impact while not ideal, does not impact our fundamental valuation'
September 10, 2024 10:31 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "ALL YOU NEED TO KNOW: Apple has been ordered by the European Court of Justice to pay ~$14B in back taxes related to a case over whether Ireland provided state aid to Apple via tax rulings in 1991 and 2007. Apple has filed an 8-K... More
Melius Reiterates Buy Rating on Apple (AAPL)
September 10, 2024 6:25 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $265.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Visual Intelligence and Photos Upgrades Simple and Profitable: The Visual Intelligence software in iOS 18 (available later this year) is intuitive and usable. In short, the feature enables users to interact... More
Needham Reiterates Buy Rating on Apple (AAPL)
September 10, 2024 6:13 AM EDTNeedham analyst Laura Martin reiterated a Buy rating and $260.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We did not see any compelling use case shown by AAPL yesterday that would get consumers to buy an iPhone 16.... More
CFRA Reiterates Buy Rating on Apple (AAPL) Following Event
September 9, 2024 4:07 PM EDTCFRA analyst Angelo Zino reiterated a Buy rating and $260.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "AAPL unveiled new iPhones, Watches, and AirPods. Pricing for the Pro devices was unchanged, while the displays will get bigger (6.3 / 6.9 inches), with camera (new 48MP) and... More
iPhone 16: Jefferies says checks show 'limited growth'
September 9, 2024 8:25 AM EDTJefferies analysts tempered expectations for the upcoming iPhone 16, citing supply chain checks that suggest only "moderate" to "not much" year-over-year growth.
In a note to clients on Monday, the firm points out that previous forecasts of double-digit growth for the iPhone 16 may be overly optimistic, leading to potential short-term pressure on the stock prices of companies in Apple's (NASDAQ: AAPL) supply chain.
"While all eyes are... More
