#apple analysts

iPhone 17 Several leading brokerages have significantly raised their price targets for Apple, reflecting growing optimism about the company’s execution and future growth prospects. Notably, Bank of America lifted its target to $320 from $270, pointing to stronger-than-expected long-term earnings growth. Meanwhile, Melius Research raised its target to $345 from $290, and Wedbush increased to $310…

After Apple’s strong quarter, Citi outlines 5 reasons to buy the stock

Apple’s better-than-expected Q322 earnings report helped assuage investors’ worries about how a slowdown in consumer demand would impact the compnay. As sentiment on Apple turns positive, it may be time to buy the stock, Citi analysts say. Sabrina Escobar for Barron’s: “We would characterize this quarter as a major bullish statement on iPhone demand and Cupertino’s [the location of Apple’s…

Analysts remain upbeat with Apple as issues are about supply, not demand

Apple stock is trading lower after the company posted revenue that fell short of consensus estimates by about $1.5 billion. But analysts see this as a temporary issue, tied to supply chain issues from COVID disruptions, a short term concern, not one for the long run. Eric J. Savitz for Barron’s: At the root of the issue is Apple’s disclosure that sales for the September quarter were reduced by…

Analysts see strong iPhone 13 demand ahead of Apple’s Q421 earnings report on October 28th

Apple will report Q421 earnings on Thursday, October 28th, right around 4:30pm ET. Analysts see strong iPhone 13 demand ahead of the report. Eric J. Savitz for Barron’s: < blockquote> Evercore ISI analyst Amit Daryanani observes that lead times for the iPhone 13 remain elevated in most countries, with lead times stretching out for most models. Daryanani notes that lead times are shorter for the…

Goldman Sachs’ Rod Hall claims China iPhone 12 cycle was 12% weaker than iPhone X

Bucking talk of a super cycle, Goldman Sachs analyst Rod Hall claims that current iPhone shipments in China are 12% lower than the iPhone X series. Rod Hall, Goldman Sachs senior equity analystMike Peterson for AppleInsider: Analyst Rod Hall analyzes the latest China smartphone shipment data for the month of May, which was recently released by the state-run China Academy of Information and…

Goldman Sachs’ so-called Apple analyst Rod Hall finally gets a clue

Rod Hall, Goldman Sachs senior equity analystLast August, we told you flat out that Goldman Sachs’ analyst Rod Hall is an awful Apple analyst and wrote, “A random number generator would be a better predictor of Apple share prices than Goldman Sachs analyst Rod Hall.” This wasn’t our first critique of Rod, who seems to have graduated from the Laura Goldman School of Apple Analysis: Given his…

Analysts react to Apple’s ‘Spring Loaded’ event

Jonny Evans has collected a range of analyst opinion and dug out some additional insights for his collection of reactions to Apple’s “Spring Loaded” event on April 20th at which the company launched an M1 iMac, an M1 iPad Pro, AirTag, purple iPhones, a new Apple TV, Podcast subscriptions, and Apple Card Family. Apple’s ‘Spring Loaded’ event icon Jonny Evans for Apple Must: Lynnette Luna,…

Goldman Sachs analyst Rod Hall is an awful Apple analyst

Goldman Sachs analyst Rod Hall is an awful Apple analyst.

Rod Hall, Goldman Sachs senior equity analyst

Hall is so bad at his job, that last September, Apple even had to take the rare step of publicly disputing a negative call by Hall. Last October, Hall claimedthat his team of genius “analysts” at Goldman wondered if anybody would buy 5G iPhones as they did not believe that 5G offers consumers…