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Fly News Breaks for July 6, 2015
AAPL
Jul 6, 2015 | 07:15 EDT
Deutsche Bank analyst Sherri Scribner says that while the iPhone had another good quarter in June, she remains concerned that Apple's market share of the $400-plus smartphone segment has peaked. Scribner expects iPhone market share to moderate as the new phone enters its fourth full quarter. Nonetheless, she models June quarter iPhone shipments of 50M. Regarding the watch, the analyst finds it a "bit unusual" that Apple has not provided an update on sales. She expects Q3 Watch units of 3.9M and 2015 units of 18M and believes investors will be disappointed if Apple does not disclose numbers for the new product. Apple shares at current levels fairly reflect the "strong" iPhone refresh cycle and slower growth potential in FY16, Scribner tells investors this morning in a research note. She keeps a Hold rating on Apple with a $125 price target. The stock closed Thursday down 16c to $126.44.
News For AAPL From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here