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Fly News Breaks for April 24, 2018
AAPL
Apr 24, 2018 | 06:48 EDT
Apple had a real opportunity to become a major player in the smart home with its introduction of the HomePod smart speaker, Deutsche Bank analyst Sherri Scribner tells investors in a research note. However, poor reviews and a significant fall off in demand post the launch suggest the company has "missed the mark," the analyst contends. She believes a key drawback of Apple's approach to the smart home is tethering control to the iPhone. Further, the analyst thinks Apple misstepped in overemphasizing music functionality at the expense of smart home interoperability. Scribner expects Apple to ship less than 5M HomePods in 2018, suggesting the product will be immaterial to the company's sales and earnings. The analyst has a Hold rating on Apple shares.
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