Apple (AAPL) Cuts Component Order, Jefferies Says; Suppliers Hit (QCOM) (SWKS) (AVGO) (CRUS) (TQNT)
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Apple (AAPL) Supliers Rise Followng iPhone 5 Sales Numbers in China (CRUS) (QCOM)
December 17, 2012 10:01 AM ESTSuppliers on Apple's (Nadaq: AAPL) iPhone 5 are rebounding Monday after feeling some pressure last Friday on word that Apple cut orders to suppliers. Jefferies also came out with some commentary on the speculaiton, saying initial iPhone sales in China were "muted."
In... More
Notable ETF Movers of the Day 12/14: (XME) (KOL) Higher; (XLK) Lower
December 14, 2012 1:37 PM ESTGainers:
SPDR S&P Metals & Mining (NYSE: XME) gained 1.75 percent to 44.6. The rally was fueled by positive data out of manufacturing powerhouse, China. HSBC's preliminary China Purchasing Managers Index for December showed... More
Bears Look for Fresh Meat in Apple (AAPL) Suppliers
December 14, 2012 10:14 AM ESTAn number of companies that benefited from the rise of Apple (Nasdaq: AAPL) are suffering as a result of the company's dramatic fall from grace. Since topping out at $700 in September, prior to the iPhone 5 launch, shares of Apple have been decimated, and now... More
Apple (AAPL) Slammed; UBS Gets More Conservative on Growth, Investors on Price
December 14, 2012 9:58 AM ESTApple, Inc. (NASDAQ: AAPL) is taking it on the chin yet again Friday as investor concerns mount. Not only is there tremendous 'fiscal cliff' selling, a number of investment banks are lowering expectations and the China iPhone 5 launch appears weak.
Today, UBS lowered estimates on the out-quarters. Although the firm is not altering Dec quarter numbers materially, they have taken five million iPhones and two million iPads out of the Mar, June, and... More
Apple (AAPL) Launches iPhone 5 in China Today; Should Anyone Care?
December 14, 2012 7:01 AM ESTApple (Nasdaq: AAPL) is indicated for a lower open Friday as the tech giant releases its iPhone 5 in China today. But, should anyone care?
Last week, Nokia (NYSE: NOK) and China Mobile (NYSE: CHL) entered a deal for Nokia to bring its Lumia line to China.... More
UBS (UBS) Trims Price Target on Apple (AAPL) 10.3% to $700, Maintains 'Buy'
December 14, 2012 5:56 AM ESTUBS maintains a Buy rating on Apple (NASDAQ: AAPL), but cut its price target from $780 down to $700.
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $529.69 yesterday, with a 52 week range of $377.68-$705.07.... More
