After seeming to defy the general COVID-19 downturn, tech stocks have taken a dip as of late. Loup Ventures’ tech analyst Gene Munster thinks there is going to be a split in future fortunes — with some soaring back up to previous highs and others, well, not.
Apple, he believes, is going to be a big winner. And from my calculations he thinks it could be just a couple of years from another major financial milestone.
A leading Apple analyst is confident Apple will deliver its first iPhone with 5G this fall — despite a Wednesday report that suggested this year’s handsets could be delayed due to COVID-19.
“We have a different view,” wrote Gene Munster of Loup Ventures on Thursday. Muster has outlined several reasons why an iPhone refresh is still likely to come in 2020.
Apple’s supply issues for two crucial products appear to finally be getting better, based on tracking data by Loop Ventures.
Both the iPhone and AirPods are starting to ship out to customers sooner than in previous weeks as suppliers in China finally get back up to full speed. The only thing that’s unclear is whether the improved shipping times are due to China getting back to work, or because customers in the U.S. are hunkering down.
Wedbush analyst and Apple enthusiast Dan Ives isn’t worried about the impact of the new coronavirus outbreak on Apple’s share price. At least, not yet. In an interview for CNBC show Squawk Box, Ives said he views any dips in Apple’s share price as “buying opportunities.”
And he’s not alone in being optimistic at a time when lots of others are nervous.
If you’re anything like me, you perennially feel like you missed the best time to invest in Apple stock.
In fact, if Loup Ventures analyst and investor Gene Munster is correct, this may be the perfect time to invest all your worldly possessions in AAPL. According to Munster, Apple stock is poised to rocket up 70% in the next two years. That would make Apple a $1.5 trillion company.
The faster cellular data networks being rolled out now will bring tremendous benefits to Apple, according to a well-known industry analyst. Gene Munster even said today, “Apple will be one of 5G’s biggest beneficiaries.”
He listed a number of current and future products that will see gains from this nascent wireless tech.
Apple got a late Christmas gift on Wednesday, when its AAPL stock experienced the stock’s biggest rise in five years.
While AAPL is still down considerably from the $1 trillion+ high point it hit earlier in 2018, it’s a strong positive move. And one analyst thinks that Apple’s set to be the top-performing FAANG stock in 2019, too.
Most people are still leery about giving up their wallet. Only a small percentage of smartphone owners use their mobile to make purchases at brick-and-mortar stores. But attitudes are starting to change.
As a result, Apple Pay is growing strongly. Surprisingly, most of that growth is outside of the U.S.
How high can Apple’s market value go? Less than a week after it became the first company to hit the $1 trillion mark, venture capitalist Gene Munster predicts that Apple’s value will continue to climb.
What makes Apple unique to investors, Munster said, is how its hardware seems to work as a subscription business. Many iPhone users, for example, upgrade to a newer handset every two or three years.
Apple will introduce a Beats-branded $250 HomePod smart speaker at next week’s Worldwide Developers Conference, predicts Apple analyst Gene Munster.
Munster’s other predictions for the big Apple developer event include new HomePod capabilities, additional Siri abilities, extra Core ML extensions, and more.
Apple’s Services division is growing rapidly, but according to analyst Gene Munster it is still leaving billions of dollars on the table by failing to monetize its software in the way that it could.
Munster says that Apple should be following other high tech companies by charging monthly subscription fees for Pro Apps, aimed at audio and visual professionals. These apps include Final Cut Pro, Logic Pro X, Motion, Compressor and MainStage 3, each of which Apple currently sells for a one-off fee.
Predicting the future is tough, even for the experts. That’s the only lesson we can learn from looking back at these horribly misguided iPhone predictions that greeted the device at its launch 10 years ago.
Before most people had even wrapped their fingers around Apple’s first-gen smartphone, tech pundits, analysts and competing CEOs were already writing off the iPhone as a disaster similar to Apple’s previous excursions into video game consoles and the like.
Here are just a few of the laughable reactions that greeted the iPhone in 2007.
People can talk about declining iPhone demand all the want, but when it comes to which tech products the general public want to see under their Christmas trees this year, there is no doubt about it: no brand can beat Apple.
Speaking with CNBC this Monday, Apple analyst Gene Munster shared his firm Piper Jaffray’s research into desired holiday gifts — and found that the iPhone, closely followed by the MacBook, beat other items including the Xbox, PlayStation, GoPro camera and more to land the top two positions in the list.
The next Apple Watch might arrive sooner than expected, based on a new rumor claiming Apple’s new wearable will be unveiled in June.
Not only is the new watch ahead of schedule, it may even sport a 40-percent-thinner design, hopefully without compromising on battery life.
Almost sounds too good to be true, right?
Hit-and-miss Piper Jaffray analyst Gene Munster (a.k.a. the “Apple television set is coming” guy) has a somewhat wacky theory in his latest note to clients: that Apple will not only announce its own virtual reality project at some point in the future, but that this will prove to be the real iPhone killer.
And that Apple’s totally okay with that.
At $17k, the Apple Watch Edition is currently the most expensive product Apple sells.
But according to Piper Jaffray analyst Gene Munster, that record is likely to be obliterated when the Apple Car finally ships — since his projected price tag of “around $75,000” would put it at around four-and-a-half times the cost of Apple’s high-end wearable. Or the equivalent of 100 brand new iPhones 6s handsets.
People may be split over whether or not Apple is doing the right thing by defying the FBI by refusing to create an iPhone backdoor, but according to a new report, Apple’s squabble over privacy isn’t likely to have much of an impact on its brand appeal — however much Donald Trump wants people to boycott the company’s products.
Piper Jaffray analyst Gene Munster this morning revealed the results of a survey of 1,0002 Americans — suggesting that an equal number of people are more or less enamored of the brand as a result of the recent news, while the majority of respondees claim not to know anything about the story.
Apple has never reported a decline in iPhone sales. That may be about to change, however, with seven top Apple analysts all predicting that the company is either experiencing — or on the verge of experiencing — a drop in the number of iPhones being bought.
Hit-and-miss Apple analyst Gene Munster has admitted he couldn’t have been more wrong about the likely customer uptake of Apple’s iPhone Upgrade Program, the $32+ per month scheme designed to get new iPhones into the hands of people happy to pay a monthly fee to Apple.
We’ve heard plenty of conflicting reports about when we should expect a new smaller, 4-inch iPhone “c” from Apple, but Piper Jaffray’s resident Apple analyst Gene Munster suggests that Cupertino would be wasting its time by releasing a sequel to 2013’s iPhone 5c.
Why? Because, Munster claims, customers don’t really want smaller handsets at all.
We won’t get a peak of the iPhone 7 until late next year, but when we do its biggest feature may be that it comes without it’s most iconic pieces of hardware: the home button.
Piper Jaffrey analyst Gene Munster is infamous in the Apple community for his incessant predictions that Apple is making a television set. Now the analyst is dipping into some iPhone 7 speculation, claiming that by ditching the home button, the iPhone 7 will come in a smaller form-factor but pack the same screen size.
Project Titan, Apple’s hundreds-strong car initiative, may be continuing to ramp up, but according to Piper Jaffray analyst Gene Munster, it’ll be a while before we see an Apple car.
In a new research note to clients, Munster suggests that an Apple-branded automobile is close to a decade away — although that’s not going to stop it from affecting Apple’s stock price in the meantime.
Because who needs more than rumors to decide how Apple’s doing, right?
Piper Jaffray analyst Gene Munster has been chomping at the bit about an Apple TV since 2011, but according to a new research note he sent to clients Thursday, Apple has a good chance of finally releasing its new television at the company’s reported September 9 event.
Seriously, this time. OK, maybe. Let’s call it 50/50.
Rumors surrounding Apple’s plans for TV have been picking up considerably as its Worldwide Developers Conference draws near in June.
But the idea of a standalone Apple TV set (not the little hockey puck that exists already) eventually becoming a reality is starting to look pretty bleak. Not everyone has given up hope, though. As the biggest proponent of the Apple HDTV rumor throws in the towel, one of the world’s most powerful investors remains convinced that it will happen.
As rumors of an Apple car start to gain speed, Piper Jaffray analyst Gene Munster has run the figures to find out what kind of business proposition automobiles could be for a company that tends to steer clear of small or low-margin markets.
His verdict? If Apple cars were even a “moderate success,” Tim Cook and pals could be looking at an extra $50 billion per year in revenues. To put that figure in context, it would be an increase of 23 percent on top of the already impressive cash-generating machine that was Apple in 2015.
Remind us to remortgage our homes to buy AAPL stock!
