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Samsung expects its best operating income in two years, to a large extent on the back of the success of its improved Galaxy S7, which competes at the high end of the smartphone market.
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Goldman Sachs has lowered its expectations and upside projections on Apple, citing lower growth expectations for the smartphone industry.
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It now seems that Apple has found itself without clear direction and without any great new product ideas to drive its growth and cash-printing machine.
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When Apple reported that iPhone sales declined by more than 16% in the first quarter, the report underlined the slowdown in global smartphone sales in the quarter.
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A new RBC research report notes that Apple's weaker March quarter and lowered June quarter guidance paint a deepening negative outlook for its supply chain.
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Samsung announced its most recently quarterly results, and with them news that sales of its new Galaxy S7 have gotten off to a strong start.
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Apple Inc. (NASDAQ: AAPL) reported fiscal second-quarter financial results after the markets closed on Tuesday. The company had $1.90 in earnings per share (EPS) on $50.6 billion in revenue versus...
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Apple is set to report its fiscal second-quarter financial results after the markets close on Tuesday. Two key analysts have taken a cautious view on Apple.
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Unit sales of the Apple iPhone for the quarter about to be announced range between 44 million and 53 million. Anything short of 50 million may be an extreme disappointment.
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Although Merrill Lynch and Oppenheimer are not going completely bearish on Apple, they are still thinking that its earnings could be relatively soft.
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Shares sold short in Apple rose to more than 55 million in the period that ended March 31. Apple is the 11th most shorted stock of public corporations traded on the Nasdaq.
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Without a lot of fanfare, Wal-Mart has begun selling a refurbished iPhone 6 with 16 gigbytes of memory for $399.
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After taking a beating much of the past year, Apple added $30 billion to its market cap in the first quarter of this year, as its performance handily outstripped the Nasdaq.
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The field of organic light emitting diode technologies and materials may be a huge market in the years ahead. Universal Display has been considered one of the de facto winners here.
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Cowen raised Apple's rating to Outperform from Market Perform, after having been on the sidelines for quite some time. Cowen also raised its price target.
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