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Top related persons:
Tim Long - 2 Long - 2 ISI's Amit Daryanani - 1 iPhones bottoming - 1 Evercore - 1 bode - 1 Bernstein's Toni Sacconaghi - 1 tailwinds - 1
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China
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Barclays - 2 Apple - 2 Apple Intelligence - 1 Verizon - 1 Huawei - 1 UBS - 1 Mar - 1

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3 mentions found


☆ Apple reports results after the bell. Here's what Wall Street is watching
  + stars: | 2024-08-01 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
iPhone sales are expected to reach $38.64 billion and decline more than 2% year over year as the company grapples with a stretch of stagnant growth. Long also echoed concerns the new iPhone won't be enough to fuel a "meaningful" upgrade cycle to support the premium. AI-fueled upgrade cycle Apple's September quarter is expected to include about a week of new iPhone sales. Wall Street will also keep a close watch on China sales following an 8% decline during the second quarter. "While Greater China sales remain sluggish, mainland China iPhone sales have been stronger than expected and we are encouraged by iPhone demand picking up in emerging markets," said Raymond James analyst Srini Pajjuri.
Persons: ISI's Amit Daryanani, Tim Long, Long, iPhones bottoming, Evercore, bode, Bernstein's Toni Sacconaghi, tailwinds, JPMorgan's Samik Chatterjee, Baird's William Power, Raymond James, Srini Pajjuri Organizations: Apple Intelligence, Barclays, Apple, Verizon, Huawei Locations: China
☆ Apple analysts are starting to get a bit worried ahead of earnings this week
  + stars: | 2024-01-29 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
Some Wall Street firms are sounding the alarm on Apple heading into the iPhone maker's earnings after the bell Thursday. Some analysts are bracing for soft iPhone numbers and a potential guide down in March's forecast. AAPL YTD mountain Apple shares year to date Apple's earnings report comes as the technology giant lags its mega-cap peers and the overall market. Apple shares are flat on the year, while the S & P 500 is up 2.5% in that time. Despite these fears, the firm remains bullish on the stock over the long run, sticking with its buy rating.
Persons: Tim Long, Tesla, Long, David Vogt, Apple, William Power, Baird Organizations: Barclays, Apple, UBS, Mar Locations: China
☆ Analysts view Apple as a 'safe haven' and 'bright spot' in tech following another strong quarter
  + stars: | 2022-10-28 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Apple 's quarterly results proved to analysts that the iPhone maker's stock is the place to hide when a recession hits. Wells Fargo's Aaron Rakers called Apple the "bright spot amid mega-cap carnage" in a note to clients Thursday as the company shared "better-than-feared" results even in this troublesome macro environment. Credit Suisse's Shannon Cross said the stock is a "safe haven" and "relatively safe port in the storm" in a note to clients Thursday. JPMorgan Chase's Samik Chatterjee said the results underscore Apple's resilience and should further entice investors to buy the stock. "Amid a sea of large-cap earnings debacles, Apple's results appear to be a relative victory," wrote Bernstein's Toni Sacconaghi.
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