SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksApple Inc.


Previous 10 Next 10 
From: Moonray7/15/2020 11:35:32 AM
1 Recommendation   of 212949
 
Apple price target raised on services, wearable drivers
By: Brandy Betz, SA News Editor - Jul. 15, 2020 9:11 AM

Needham Laura Martin sees Apple's (NASDAQ: AAPL) iPhone,
wearables, and services as "brand extension" categories that
lock users into Apple's ecosystem longer, driving long-term value.

Martin raises Apple's price target from $350 to $450, a 16% upside.

Services is a key upside driver due to its recurring and high-margin
revenue stream, writes Martin.

Martin is also optimistic about the "rising lifetime value (LTV) and
falling churn driven by services and ancillary product growth and
structural demand for shares by AAPL as they try to buy shares
worth approximately $90B of net cash plus $60-80B of annual FCF."

Needham maintains a Buy rating on Apple. The company has a
Bullish average Wall St. Analysts rating and $358.18 average price
target.

Related: Earlier today, the EU's General Court ruled Apple
doesn't have to pay €13B in Irish back taxes.

o~~~ O

Share RecommendKeepReplyMark as Last Read


From: Moonray7/15/2020 11:41:46 AM
1 Recommendation   of 212949
 
BofA Raises Apple Price Target For Second Time In 5 Weeks
July 15, 2020

Apple Inc. (NASDAQ: AAPL) investors have had another big year
in a difficult environment in 2020, but one Wall Street analyst said
Wednesday that things could get even better for Apple in the
second half of the year.

The Apple Analys; t: Bank of America analyst Wamsi Mohan
reiterated his Buy rating for Apple and raised his price target
from $390 to $410.

The Apple Thesis Mohan, who previously raised his price target
from $340 to $390 in early June, said Wednesday that Apple has
too many traits of a good investment to ignore.

The company has arguably the world’s best balance sheet that
provides safety in an uncertain environment. It’s a tech story stock
with an imminent catalyst in 5G iPhones. It’s a large-cap tech stock
with relatively low regulatory risk. It benefits from passive inflows
and provides investors an alternative source of dividend income
while interest rates remain essentially at 0%.

At the same time, Mohan said Apple has extremely impressive
business fundamentals as well. App store revenue growth has
been robust, iPhone channel inventory is falling, iPhone demand
has been resilient, and Apple’s brand remains extremely strong
among its customers.

“While near term data points are getting more constructive, we
also think positioning has a significant role in the near term price
action,” Mohan wrote in a note.

Bank of America said third-party developer data suggests App
Store revenue grew roughly 30% in the fiscal third quarter. Mohan
is expecting 20% Apple Services revenue growth in the third
quarter and 18% growth for the full fiscal year. He is also projecting
17% Services revenue growth in fiscal 2021 and 15% growth in 2022.

o~~~ O

Share RecommendKeepReplyMark as Last Read


From: Moonray7/15/2020 11:42:45 AM
   of 212949
 
Apple’s first retail store in mainland China closes for good

o~~~ O

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Moonray who wrote (209185)7/15/2020 4:27:55 PM
From: Pete_Y_48
3 Recommendations   of 212949
 
Apple’s first retail store in mainland China closes for good
It might have been nice if you had mentioned that it was being replaced by a new store right next door which apparently looks very similar to the Chicago Store on the river. The words make it sound like Apple was leaving the area.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Pete_Y_48 who wrote (209186)7/15/2020 5:39:44 PM
From: clean86
2 Recommendations   of 212949
 
News Media click bait.

If the headline said Apple replacing first China Store everyone would go yawn.

Say Apple Store closing for good and people click the link to see what's happening.

Share RecommendKeepReplyMark as Last Read


From: Moonray7/16/2020 1:29:47 PM
   of 212949
 
OT:

Twitter hackers who targeted Elon Musk made $121,000 in bitcoin -- analysis

o~~~ O

Share RecommendKeepReplyMark as Last Read


From: Moonray7/16/2020 8:30:22 PM
   of 212949
 
Apple target raised on 5G and Services potential
By: Brandy Betz - Jul. 16, 2020 8:56 AM ET

Joining the chorus of firms praising Apple's (NASDAQ: AAPL)
5G iPhone tailwind, Canaccord Genuity raises the company's
price target from $310 to $444.

The firm says Apple's positioning to "benefit from the long-term
5G investment cycle" will support results in 2021.

Growth in Apple's installed base will also drive ecosystem
services and hardware sales benefits, writes the firm.

Canaccord expects Services revenue to outpace Apple's
total growth.

Canaccord maintains a Buy rating on Apple.

o~~~ O

Share RecommendKeepReplyMark as Last Read


From: Moonray7/16/2020 8:37:04 PM
   of 212949
 
U.S. Attorney General William Barr blasted American tech giants
Google,
Microsoft,
Yahoo,
Apple and
Cisco
as well as Hollywood for being “all too willing to collaborate
with the Chinese Communist Party.”

More at: AG Barr slams U.S. tech companies
for becoming 'pawns of Chinese influence'

Yah got that all you commie Chineese pinko AAPL stockholders?

o~~~ O

Share RecommendKeepReplyMark as Last Read


To: Pete_Y_48 who wrote (209186)7/16/2020 8:45:23 PM
From: Moonray
   of 212949
 
Apple store at Hilldale closed indefinitely due to COVID-19 concerns
It might have been nice if you had mentioned that it was being replaced by a new store right next door which apparently looks very similar to the Chicago Store on the river.

I do not believe there is any Apple store right next door to this closed store.
I don't intend to do this for all the stores Apple has shut down (think 80).
Are there other Apple stores next to these ones that were closed for a time?

o~~~ O


Share RecommendKeepReplyMark as Last Read


From: Moonray7/16/2020 8:50:28 PM
   of 212949
 
.Apple iOS 13.6 Release: Should You Upgrade?

o~~~ O

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10