Tag Archives: aapl

Apple Supplier Qorvo Could Stoke Chip M&A Frenzy

Apple’s (AAPL) iPhone “elephant in the room” clouded Qorvo’s (QRVO) otherwise upbeat analyst day, an MKM analyst wrote late Tuesday as he suggested that the chipmaker might be considering a hefty M&A play. Qorvo stock closed up 5.6% in the stock market today at 54.74. March-quarter expectations for a 10%-15% depression in iPhone sales remained unchanged, MKM analyst Ian Ing noted in a research report. Ing retired his 71 price target and buy rating

Apple Pay Expands To Canada, Australia With One Card

Apple (AAPL) is expanding its mobile payments service to two international markets, though only with American Express (AXP) credit cards to begin with, and has added more banks and merchants to its growing list of U.S. partners. Starting Tuesday, Apple Pay is available in Canada, and it arrives in Australia on Thursday. “Our customers love their experience with Apple Pay and we want to bring it to as many of our users worldwide as possible,”

Apple May Rethink Web TV Service, Says Pacific Crest

Dish Network has not hit a home run with its new Sling Web TV service, and Apple (AAPL) might not step up to the plate despite rampant speculation that it’s close to entering the game, says Pacific Crest Securities. In a research report reviewing media and entertainment company Q3 earnings, analyst Andy Hargreaves sees upside for Netflix (NFLX), despite management comments that media firms might license more content to its rival, such as Hulu, or