Why Apple Finished 2015 on a Sour Note
This is the last day of Apple’s first fiscal quarter of 2016. By all the measures that should matter to Wall Street--rate of growth, free cash flow, price to earnings, share of profit, etc.--Apple had...
View ArticleWhat the Apple Analysts Who Cut Their Targets Are Saying
More bad news from Asian smartphone supply chains has triggered two rounds of cuts in Wall Street’s price targets for Apple, one in December and another this week. Below: Excerpts from the sell-side...
View ArticleWhy So Much Apple Commentary Is So Clueless
It’s painful to read much of what passes for business reporting about Apple these days. The combination of high page-click value and low barrier-to-entry has reduced online journalism to headlines like...
View ArticleApple Analysts Knock the Stuffing Out of March iPhone Sales Estimates
Two weeks from today, Apple will announce how many iPhones the company sold in the December quarter--the biggest quarter of the year for the company’s most important product (66% of fiscal 2015...
View ArticleHow Many iPhones Did Apple Sell Last Quarter?
A funny thing happened on the way to the so-called “tough comp”--the challenge Apple was expected to face improving on the record set in the last three months of 2014 by runaway sales of the iPhone 6....
View ArticleHow Many Watches Did Apple Sell Last Quarter?
Tim Cook hasn’t done Wall Street any favors by holding quarterly Apple Watch sales numbers so close to his chest. Apple’s CEO has explained several times that he’s not announcing them in order to keep...
View ArticleApple Analysts Scramble Ahead of Next Week’s Earnings Report
The analysts’ notes that have crossed my desk over the past 10 days fall into two piles. In one are reports from Apple specialists still reacting to the red flags coming from the company’s iPhone...
View ArticleWall Street Expects Apple to Narrowly Beat Its Q1 Guidance
In the bad old days, when Steve Jobs was still blowing smoke up Wall Street’s skirts, the forward-looking statements that Apple gave analysts were an industry joke. Everybody knew that Jobs was...
View ArticleApple Earnings Smackdown: Fiscal Q1 2016 Edition
With the world's most valuable company--and the hedge funds' favorite punching bag--set to report earnings after the markets close today, the eyes of Wall Street are once again on Apple. As of Monday’s...
View ArticleApple’s Slow-Growth Quarter: What the Analysts Are Saying — Updated
As expected, the sell-side analysts skipped by Apple’s record-breaking results for the December quarter--the most profitable in the history of free-market capitalism--and focused instead on the...
View ArticleBest and Worst Apple Analysts: Q1 2016 Edition
Some pretty dismal estimates were submitted this quarter by extremists on both the bullish and the bearish wings of the Apple party. In general the professional analysts who took seriously the warning...
View ArticleWatch Apple’s Price Targets Fall 10% Overnight
I’ve never seen Apple analysts scramble quite so fast as they did Tuesday after the company issued its harsh guidance for the quarter that ends in March. No sooner had CEO Tim Cook “ripped the Band-Aid...
View ArticleWhy Apple Is Still a ‘Buy’
I don’t like to give stock advice, especially about Apple. But I’m always interested to hear what the people paid to give such advice--the so-called sell-side analysts--have to say about the company’s...
View ArticleWhat Analysts Are Saying About Oracle’s Upcoming Earnings
Oracle is slated to report earnings for its fiscal third quarter of 2016 on Tuesday, and analysts aren't expecting much. Amid changing customer purchasing habits and the rise of cloud computing, the...
View ArticleApple’s ‘Loop You In’ Event: What the Analysts Are Saying
“The $399 price point for the iPhone SE was an absolute bombshell,” tweeted Kirk Burgess of the independent Braeburn Group, putting an incendiary spin on what was largely an “as expected” event by...
View ArticleCalifornia Dreamin’: Cowan Upgrades Apple to Outperform
“After about 8 months on the sidelines,” wrote Cowan analyst Timothy Arcuri Wednesday in a note to clients, “we are upgrading AAPL to Outperform and raising our target to $135. [Year over year]...
View ArticleWhat the Facebook Analysts Are Saying, F8 Edition
Facebook fb made a host of announcements at its annual F8 developer conference this week, everything from a chatbot platform for its Messenger app to a 360-degree camera for making virtual reality...
View ArticleWhat Analysts Are Saying About IBM’s Sixteenth Straight Quarter Of Losses
IBM is having a tough time on the market on Tuesday after reporting its sixteenth straight quarter of losses. The business technology giant has seen its revenue shrink continuously since the second...
View ArticleWhat the Analysts Are Saying About Apple’s Tough Quarter
Apple reported results for the first three months of the year on Tuesday, and the numbers weren’t pretty. Sales declined for the first time since 2003 as revenue of $50.6 billion slid 13% from the same...
View Article11 Surprising Jobs That Pay at Least $100,000 a Year
For many U.S. workers, real wages have been stagnant for decades when accounting for inflation. But salaries aren’t always stuck in the doldrums. Online employment company Glassdoor has pinpointed a...
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