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Apple has largely weathered the coronavirus pandemic on the back of its Services business, but Wedbush Securities sees it rising even higher on its bread and butter business — iPhone sales.
Research firm IDC projects that smartphone shipments this year will be down by more than 11% compared to 2019.
Apple is reopening stores globally, its products and services haven’t lost any popularity in the pandemic, and it’s sitting on a huge pile of cash.
Apple Watch is the best selling smartwatch in the world. A critical new feature could boost Apple stock later this year.
It’s hard not to be optimistic about Apple in the long term. The most recent earnings report shed more light on where the company stands despite the pandemic.
After markets closed Thursday, Apple reported $2.55 in earnings per share (EPS) and $58.3 billion in revenue, compared with consensus estimates that called for $2.26 in EPS and $54.54 billion in...
Apple is scheduled to release its fiscal second-quarter financial results after the markets close on Tuesday, and Wall Street sentiment is rather guarded.
Apple has recovered handily from its March lows as the market recovery has been strong. That said, Apple is running into headwinds that some investors may be ignoring.
Apple has been one of the strongest forces in the market over the past decade. Unfortunately, one of the biggest analysts has come out against the stock in a recent report.
With millions of people in China fundamentally unable to leave their homes or the cities they live in, shipments of smartphones are expected to crater in the first quarter.
The coronavirus has taken another victim. Smartphone shipments from China are expected to drop sharply this quarter.
Apple is scheduled to release its fiscal first-quarter financial results after the markets close on Tuesday. Analyst are looking for strong growth year over year.
Apple has a been a driving force in pushing the markets to new all-time highs, and with earnings on the way later this month, analysts are starting to make calls on where the stock can go from here.
Apple shares are holding near all-time highs, but this is not stopping analysts for calling for the stock to run even higher. Wedbush just came out with a report calling for Apple to add on almost...
Apple is putting the finishing touches on what has been a historic year for the company and will serve as a launching pad for 2020 to be the "year of an iPhone supercycle". Wedbush sees tremendous...