Form 8-K Apple Inc. For: Sep 10

Jefferies says 'a lack of incentive-driven sales push' may hurt iPhone 16 momentum

Jefferies analysts raised concerns about the potential impact of Apple's (NASDAQ: AAPL) reduced trade-in values on iPhone 16 sales momentum.

In their latest note, the firm says Apple has cut trade-in values for existing iPhone models across five major markets, with the biggest reductions seen in China.

"Our tracking shows that trade-in value of existing iPhone models (12 to 15 series) has fallen YoY across the five major markets, suggesting downside risk of iPhone 16's sales momentum on launch," said... More

Citi Reiterates Buy Rating on Apple (AAPL) Following Ireland Tax Ruling

Citi 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'

Evercore 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

Apple (AAPL) Expects Income Tax Charge Of Up To About $10B In 4Q

Apple (NASDAQ: AAPL) disclosed:

On August 30, 2016, the European Commission (the Commission) announced its decision that Ireland granted state aid to Apple Inc. (the Company) by providing tax opinions in 1991 and 2007 concerning the tax allocation of profits of the Irish branches of two subsidiaries of the Company (the State Aid Decision). The State Aid... More