Tag Archives: aapl

Wall Street is ‘too negative’ on Apple iPhone business

Wall Street has become too negative on Apple’s (AAPL) iPhone business, said BMO Capital Markets analyst Tim Long, who says the company can increase unit shipments for at least the next four years. Long initiated coverage of Apple stock on Thursday with an outperform rating and price target of 145. Apple stock was down 2.5%, near 113, in afternoon trading on the stock market today. “We view Apple as mostly a handset stock as about three-quarters of

Apple Music "Off To Slow Start," Says Morgan Stanley

Apple (AAPL) Music is “off to a slow start,” says a Morgan Stanley report, based on survey of subscribers to music streaming services, with only 15% saying they used it, either for free or as paid subscribers. Also, users of Sirius XM Radio (SIRI) services reported high satisfaction, the survey found. Apple Music, launched in July, is the “least easy” streaming service to use, found the survey of 2,000 U.S. adults, done in November. Of those

Apple iPhone 7 Win Leapfrogs Taiwan Semiconductor

Taiwan Semiconductor Manufacturing (TSM) will leapfrog foundry rival Samsung in 2016 on Apple’s (AAPL) A10 processor and the smartphone titan’s iPhone 7 ramp, expected next September, Credit Suisse and Pacific Crest analysts said separately on Friday. Meanwhile, weak iPhone 6S series demand continues to plague Apple chip suppliers InvenSense (INVN), Qorvo (QRVO), Skyworks Solutions (SWKS), Synaptics (SYNA) and Cirrus Logic (CRUS), Pacific Crest