Morgan Stanley analyst Katy Huberty said she expects next Monday's special event from Apple to be focused on new Services launches, specifically a streaming video on demand service and likely a paid subscription news and magazine service. Huberty believes that besides the launch of an Apple Media bundle, which she would view as the most bullish potential announcement, the inclusion of video content from other programmers would be a positive and the launch timing and robustness of the offerings are the most important details to watch. A meaningful delay in the launch of original video content could hamper customer adoption and pricing at or above market for a stand-alone streaming video service could also slow adoption, said Huberty, who has an Overweight rating on Apple shares.

Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here

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

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