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Fly News Breaks for August 23, 2017
AAPL
Aug 23, 2017 | 09:23 EDT
BofA Merrill Lynch analyst Wamsi Mohan predicts that the blended average selling price of the iPhone will grow from year-to-year just from the impact of mix even if there are no further price increases for the phones to be released in 2018 and in 2019. Given his view that the two-year runway for iPhone price is underappreciated, Mohan contends that calendar year 2019 estimates for Apple are "just too low." He keeps a Buy rating and $180 price target on Apple shares.
News For AAPL From the Last 2 Days
AAPL
Apr 24, 2024 | 06:15 EDT
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link
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