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"Despite the steady melt-up in Apple shares over the past few months, ... MoffettNathanson downgraded the world's largest company from "neutral" and set a $188 price target, representing a 22% ...
Apple (NASDAQ: AAPL) reported fiscal 2025 first-quarter earnings last week that topped analyst estimates but also contained some disappointing metrics. Share prices rose on the news, although the ...
The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. It marked the biggest drop in iPhone ...
Analyst Ming-Chi Kuo posted a report on Tuesday saying Apple's iPhone shipments could drop as much as 15% in 2024. Apple stock falls 1.5% as analyst Kuo says iPhone shipments could drop 15% in ...
At the same time, Apple significantly dropped the price of the iPhone 8 GB model from $599 to $399 (still requiring a 2-year contract with AT&T) while discontinuing the $499 4 GB model. [38] After receiving "hundreds of emails" upset about the price drop, Apple gave a $100 store credit to early adopters.
If Apple's earnings indeed hit $9.17 per share in fiscal 2027 and it trades at 33.5 times earnings at that time, in line with the current ratio for the Nasdaq-100 (using that tech-heavy index as a ...