Apple (AAPL) Suppliers on Watch as First Profit Decline Since 2003 Expected in Q2
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
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Apple (AAPL) Taking on Debt Might be Smart Decision for Boosted Dividend/Buyback
April 18, 2013 7:20 AM EDTJPMorgan remains Overweight on Apple, Inc. (Nasdaq: AAPL) on expectations that it will be levering up for a large payout.
Analyst Mark Moskowitz commented that a larger buyback and/or dividend could be the start of a "New Apple." As the... More
Apple (AAPL) Hits Fresh 52-Week Lows
April 17, 2013 10:21 AM EDTShares of Apple (Nasdaq: AAPL) hit fresh 52-week lows on Wednesday morning, breaching the previous low at $411. Shares are lower by over 4 percent, a moved tied to a combination of negative reports.
Of note, DigiTimes is reporting that Apple Q2 iPad Mini... More
Don't Bet on Apple (AAPL) Announcing New Capital Plan w/ Q2 Results
April 17, 2013 8:47 AM EDTAmid speculation to the contrary, Apple (Nasdaq: AAPL) investors might not hear anything about a new capital allocation program with the company's second-quarter report on April 23rd.
In a note issued earlier, Goldman Sachs said that, "it is more likely that... More
Apple (AAPL) Momentum Likely to Slow Ahead of New Product Launches, Goldman Says
April 17, 2013 7:46 AM EDTGoldman Sachs is slightly shy of consensus estimates into Q2 results for Apple (Nasdaq: AAPL), modeling revs of $42.59 billion and EPS of $9.92 versus consensus revs of $42.7 billion and EPS of $10.12.
In addition, Goldman is looking for iPhone shipments of 36.5 million, iPad shipments of 16.0... More
Cirrus Logic (CRUS) Prelim. Q4 Revs Miss Views
April 17, 2013 6:29 AM EDTCirrus Logic Inc. (Nasdaq: CRUS) announced preliminary net revenue of approximately $206.9 million, based on unaudited financial results for the fourth quarter, which ended March 30, 2013. The company also announced that it will record a total net inventory reserve of $23.3 million of which approximately $20.7... More
