President Trump has cast a formidable shadow in the days leading to Apple's big iPhone event on Wednesday. Over the weekend, he suggested in a tweet that Apple move its manufacturing plants to the U.S. to avoid tariffs in the simmering trade war between the U.S. and China.
As Apple preps for its biggest day of the year next week, at least one Wall Street firm has raised its price target on the company's stock in anticipation of the launch of three new iPhones.
Sanford Farm, Nantucket - August 2018.
Morgan Stanley's Brian Nowak sees Amazon zooming to a $1.2 trillion valuation and lifted the target price to $2,500 from $1,850.
Fresh off its best-ever fiscal third quarter, Apple closed in on $1 trillion in market value with shares rising 5% on Wednesday.
Facebook's got a credibility gap to deal with, AMD is heading for its highest level in over a decade, and some see nice trends for Apple heading into its earnings report next Tuesday.
Morgan Stanley's Katy Huberty says work by her quant colleagues suggests a weak September quarter for Apple ahead of the next iPhones.
Shares of Alphabet are up nearly 4% and hit a new all-time high, as could helped drive revenue growth faster, Apple analysts are gearing up for next Tuesday, and Verizon stock rose on its earnings beat and higher forecast.
Apple's trading at elevated levels relative to the S&P compared to a big historical discount. It's all about buybacks and not the iPhone, says BMO Capital's Tim Long.
Stymied by high tariffs, Apple has underperformed in the world's fastest-growing smartphone market.
Apple spends almost $13 billion a year on R&D, but that's much less proportionally than peers.
A new documentary elegantly chronicles the valiant but doomed effort to create a mobile communicator years before the iPhone.
Apple could have a billion-dollar business in "augmented reality" in a few years, says Merrill Lynch.
Apple is ramping up production of forthcoming iPhone models to what would be higher levels than ever before produced, write analysts with BlueFin Research Partners. That implies a confidence on Apple's part that three new models will induce customers who sat out the iPhone X, thereby boosting upgrade rates.
Intel has wasted $17 billion or more trying to compete in the wireless modem market against the incumbent, Qualcomm, writes Pierre Ferragu of New Street Research. With a report from an Israeli tech publication saying Intel's going to lose Apple's interest come 2020, Ferragu advises the company to exit the business entirely.
Tesla says it hit its goal of 5,000 Model 3s per week although some wonder if it's sustainable, Dell is going public again via a stock swap and CEO Michael Dell says the company will exploit a broad IT infrastructure spending trend, Lumentum is set to ride the expansion of "augmented reality" in Apple iPhones and other devices, and Facebook can see a big boost in revenue as its Instagram unit closes the pricing gap with other properties according to Ken Sena of Wells Fargo.
The essential question about Apple's investments in original video programming is a question of distribution, writes Ben Schachter of Macquarie. Will Apple restrict its video properties to the iPhone or pursue distribution more broadly?
Apple's planning to dump the "SE" low-priced iPhone model according to boutique research house BlueFin, and Apple's business can thrive based on lots of little innovations like the AirPods according to RBC Capital, Tesla's employees are speculating the company will miss its production target but one bullish analyst thinks it doesn't matter much, the IPO of software vendor Domo jumps 20% on debut, Amazon's PillPack buy causes a wave of price target cuts on the pharmacy stocks while its moves in the delivery business shouldn't be much of a worry to Fedex and UPS.
Amazon's acquisition of pharmacy startup PillPack freaks out pharmacy stocks while its offer to help start small delivery businesses could be key to Whole Foods' expansion, Alphabet's Google needs to give away its home speaker to combat Amazon according to Morgan Stanley analyst Brian Nowak, now is the time to buy Tesla stock ahead of next week's Model 3 numbers according to Baird's Brian Kallo, T-Mobile's chances of getting Sprint are looking a little better to Wells Fargo's Jennifer Fritzsche, Lattice semiconductor may bounce back with new management and activist input thinks Dougherty's Charles Anderson, Square is no Amazon so says SunTrust, Twilio has a brilliant opportunity according to Argus, and Apple is set to see its supplies of OLED displays for iPhone expand according to Bloomberg.
Apple Chief Executive Tim Cook ruminated on privacy, immigration, and technology addiction on a day when a growing trade war with China sent tech stocks reeling.