Apple (AAPL) PT Raised to $220 at Monness, Crespi, Hardt; 'Good Enough'

Apple (AAPL) Offers 4 Reasons To Be Optimistic, PT To $185 - UBS

UBS analyst, Timothy Arcuri, reiterated his Buy rating on shares of Apple (NASDAQ: AAPL) and raised his price target to $185 after the company offered 4 reasons for investors to be optimistic on its financial results call:

1) we are now through... More

Apple's (AAPL) China Weakness Trumps Services Improvements - Wells Fargo

Wells Fargo analyst, Aaron Rakers, reiterated his Market Perform rating on shares of Apple (NASDAQ: AAPL) despite the company's better than feared March guidance.

The analyst stated "While we consider Apples incremental installed base and services disclosures / expansion to be a... More

Apple's (AAPL) Capital Return Is Likely Offset By Ongoing Challenges - Longbow

Longbow Research analyst, Shawn Harrison, reiterated his Neutral rating on shares of Apple (NASDAQ: AAPL) after USD strength created iPhone demand elasticity issues in emerging markets, carriers cutting subsidies and the permanency of iPhone and smartphone weakness in China unknown.

The analyst... More

Apple (AAPL) PT Lowered to $150 at Rosenblatt

(updated to add analyst comment)

Rosenblatt analyst Jun Zhang lowered the price target on Apple (NASDAQ: AAPL) to $150.00 (from $165.00) while maintaining a Neutral rating.

The analyst remains sidelined while stating a belief that the March quarter weakness is priced into... More

Apple (AAPL) Resolved 3 Key Investor Concerns, Reit Overweight At Morgan Stanley

Morgan Stanley analyst, Katy Huberty, reiterated her Overweight rating on shares of Apple (NASDAQ: AAPL) and cut her price target to $197 from $211 noting that Apple addressed 3 major investor concerns that were weighing on the share price:

1) November and December iPhone sales deteriorated... More

Apple (AAPL) Investors Are No Longer Sidelined - Piper Jaffray

Piper Jaffray analyst, Michael Olson, reiterated his Overweight rating on shares of Apple (NASDAQ: AAPL) after the company offered revenue guidance for the March quarter that was 3% below consensus. However, investors feared a more significant guide down for the March quarter... More

Apple (AAPL) Lack Of Bad News Doesn't Justify A Sustainable Rally - KeyBanc

KeyBanc analyst, Andy Hargreaves, reiterated his Sector Weight rating on shares of Apple (NASDAQ: AAPL) and views the risk reward as Neutral.

The analyst stated "F1Q results and F2Q guidance were largely in line with expectations, which may prompt a modest... More

Apple (AAPL) Needs Successful New Services To See EPS Growth - Macquarie

Macquarie analyst, Benjamin Schachter, reiterated his Neutral rating on shares of Apple (NASDAQ: AAPL) after the company reported earnings and offered guidance that was better than feared but slowing growth in high margin businesses makes the company dependent on new announcements to... More

Exclusive: UAE used cyber super-weapon to spy on iPhones of foes

By Joel Schectman and Christopher Bing

WASHINGTON (Reuters) - A team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders with the help of a sophisticated spying tool called Karma, in a campaign that shows how potent cyber-weapons are proliferating beyond the worlds superpowers and into the hands of smaller nations.

The cyber tool allowed the small Gulf country to monitor hundreds of targets beginning in 2016, from the Emir of Qatar and a senior Turkish official to a Nobel Peace laureate... More

Apple's (AAPL) Services Improvement Isn't Enough To Offset Falling Hardware Margins - Jefferies

Jefferies analyst, Timothy O'Shea, reiterated his Hold rating on shares of Apple (NASDAQ: AAPL) but believes the improvement in Services margin was not enough to completely offset the declining hardware margin. In short, he does not see near term stabilization.

The... More

Apple's (AAPL) Services Margin Upside Should Drive A Rally - JPMorgan

JPMorgan analyst, Samik Chatterjee, reiterated his Overweight rating on shares of Apple (NASDAQ: AAPL) after the company quelled investor fears of a downside scenario. Buy-side expectations appear to have been below sell-side revenue consensus of $59bn which should drive a positive... More

Apple (AAPL) Should See Prolonged Weakness - Goldman Sachs

Goldman Sachs analyst, Rod Hall, reiterated his Neutral rating on shares of Apple (NASDAQ: AAPL) after the company offered FX adjusted guidance that implies continued deterioration in iPhone revenue in FQ2 and the newly disclosed Services gross margin of ~63% fell short of his... More

Apple (AAPL) Report Contained No New Negative Surprises...Or Catalyst - BMO

BMO Capital analyst, Tim Long, reiterated his Market Perform rating on shares of Apple (NASDAQ: AAPL) noting that the company's report contained no new surprises beyond the issues cited in the negative preannouncement earlier in the month.

The analyst stated "Management did not provide... More

Apple (AAPL) weekly option implied volatility elevated as shares rally in premarket on EPS and outlook

Apple (NASDAQ: AAPL) February weekly call option implied volatility is at 77, February is at 40; compared to its 52-week range of 16 to 45 into inline EPS and outlook.

Apple (AAPL) PT Lowered to $189 at BTIG

BTIG analyst Walter Piecyk lowered the price target on Apple (NASDAQ: AAPL) to $189.00 (from $197.00) while maintaining a Buy rating.

Apple (AAPL) Tops Q1 EPS by 1c

(Updated - January 29, 2019 4:32 PM EST)

Apple (NASDAQ: AAPL) reported Q1 EPS of $4.18, $0.01 better than the analyst estimate of $4.17. Revenue for the quarter came in at $84.3 billion versus the consensus estimate of $84 billion.

While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarters... More