SI
SI
discoversearch

Technology Stocks : Apple Inc.
AAPL 172.220.0%Dec 14 5:20 PM ESTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Moonray12/7/2017 8:08:15 AM
   of 200644
 
Sustainable Apple iPhone unit upside appears unlikely

KayBanc analyst Andy Hargreaves says that while it remains early,
broad demand indicators for Apple iPhone X suggest a mature market
in which sustained upside to high-end iPhone units is unlikely.

This suggests gross margin expansion is critical to drive upside to profit
expectations, he notes, adding that he thinks it is likely.

The analyst sees Q1 results and Q2 guidance as critical catalysts.

Hargreaves reiterates an Overweight rating and $192 price target
on the shares.

o~~~ O


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.