December 12, 1980: Apple goes public, floating 4.6 million shares on the stock market at $22 per share. The Apple IPO is the biggest tech public offering of its day, and more than 40 out of 1,000 Apple employees become instant millionaires.
As Apple’s biggest shareholder, 25-year-old Steve Jobs ends the day with a net worth of $217 million. However, the big payday triggers internal tensions as it highlights Cupertino’s class divide.
Apple reportedly cut iPhone 12 mini production so it can meet stronger demand for the pricier iPhone 12 Pro.
Cupertino’s smallest handset apparently accounted for just 6% of all sales during the iPhone 12 series’ launch period last fall. And it suffered from lackluster demand ever since.
Apple would only need to capture 2% of the mobility market with a possible Apple Car to equal the revenue that it currently gets from the iPhone, according to Morgan Stanley researchers.
While that’s certainly easier said than done, it’s an interesting observation when considering Apple’s chances of turning its automotive plans into a potential financial windfall.
Why are massive smog clouds over China good news for Apple? Morgan Stanley analysts explain in their latest note to clients: Because pollution it suggests that Chinese manufacturing is ramping up again.
Probably correct? Sure. Slightly off-brand messaging for Earth Day? You bet!
Apple TV+ hasn’t even launched yet, but already investment gurus are seeing cartoon-style dollar signs in their eyes.
According to Morgan Stanley analysts, Apple TV+ could be a $9 billion-per-year business by 2025. That’s a whole lot of $4.99 sign-ups!
People sure love predicting doom and gloom for Apple — but that might actually turn out to be a good thing. At least, as far as investors are concerned.
According to Morgan Stanley analysts, Apple is way over-performing current negative perceptions about its business. And that’s going to pay off in spades when it comes to the next earnings announcement.
The drop in iPhone sales among Chinese consumers that hurt Apple so much last year is now a thing of the past, according to market analysts. The company saw five straight months of growth in that important region.
Apple has made it clear it sees health monitoring as an important part of its business. And now analysts from Morgan Stanley are urging the company combine its efforts with Haven, a partnership of Amazon and others hoping to improve health care while also making it more affordable.
But it’s not clear how Apple would benefit from any such collaboration.
The number of downloads from Apple’s iOS App Store declined slightly last quarter, according to a report from market analysis firm Morgan Stanley.
However, revenue from iOS software is increasing, up 15 percent year-over-year.
Apple shares have rebounded some from the company’s holiday season slump, but its $787.6 billion market cap has a way to go before it’s back at the $1 trillion level it hit last summer.
Analysts at Morgan Stanley have a suggestion for turning things around, however. They think that Apple’s Services division could see Apple once again take its place in the exclusive trillionaires club.
If you’ve been thinking about investing in Apple stock, an analyst from Morgan Stanley says this is to time to do so. The price is already low, and not likely to go any lower.
There’s been bad news for Apple recently but that’s already priced into the stock.
It hasn’t been a great month to own shares of Apple. But if you’ve been considering getting in, one analyst says now is the time to buy.
Shares of the iPhone-maker have dropped 17 percent in less than two weeks. But this an overreaction to bad news from parts suppliers.
The giants of the financial world are firmly in Apple’s corner. First, mega investor Warren Buffett‘s company became Apple’s third-biggest public shareholder. Now investment titan Morgan Stanley has issued a note to clients, outlining why Apple is likely to pass a major financial milestone in the next year.
At time of writing, Apple is trading at $188.51. However, according to Morgan Stanley analyst Katy Huberty the stock has the potential to hit a price target of $214. Should it manage this feat, Apple will become the first company in history to surpass $1 trillion in market cap.
In a disastrous turn of events, Apple may have lost up to half its market share in Greater China, analysts report.
A combination of poor adoption of Apple’s latest generation of iPhone handsets and increased competition from domestic handset makers like Huawei and Oppo might have slashed Apple’s business in a market Tim Cook is convinced is Apple’s biggest hope.
Shares of Apple Inc. started the week by climbing to a new all-time high today, closing at a record $141.46 per share.
Apple stock has been rising for weeks now thanks to a number of ringing endorsements from mega-investor Warren Buffet and Wall Street firm Morgan Stanley.
Sales of the upcoming iPhone 8 could be even bigger than most people are expecting, according to Morgan Stanley’s top Apple analyst, Katy Huberty.
In a recent interview, the Wall Street analyst said that the new iPhone will have so many innovative new features is will trigger an avalanche of upgrades that will likely shatter Apple’s old records.
Morgan Stanley analyst Katy Huberty is predicting big things for iPhone 8 sales once Apple finally unveils the device this fall.
In her latest research note to clients, the Wall Street analyst predicts that the edge-to-edge OLED display and longer battery life on the iPhone 8 will accelerate upgrades from customers with iPhones that are two years old or older.
A day after Apple stock set a new all-time high mark, the company’s shares did it again, closing Wednesday at a new record.
At the end of trading today, AAPL closed up 0.37 percent at $137.11 per share, beating yesterday’s high of $136.68.
Analysts have labeled Apple a “top pick” for investors in 2017.
Morgan Stanley predicts Apple will have a successful year due to a variety of factors, including the much-anticipated iPhone 8, a potential 11-point deduction in tax rate, and consumer loyalty in China where iPhone sales are expected to grow 20 percent.
Apple’s iPhone business may have been stronger than ever in 2015, but — never fear — the Apple doom predictors are never far away.
In this case, the doom report comes from Morgan Stanley analyst Katy Huberty who predicts that iPhone sales will drop for the first time ever in 2016.
Morgan Stanley analysts Adam Jonas and Katy Huberty — who regularly follow Tesla and Apple — claim an autonomous Apple Car could save drivers a collective 400 billion hours of “non-productive” time each year.
“What is the value of 400 billion hours a year?” they write in a note to clients. “How much value could Apple create from this time or said another way how much are consumers willing to pay to recoup this time? It’s time to start thinking about… time.”
And we thought the Apple Watch was Apple’s attempt to focus on timekeeping!
There are a lot of reasons to be excited about Apple right now, but if you believe Morgan Stanley analyst Katy Huberty, we’re just getting started.
Based on Apple’s quarterly SEC filing, Huberty believes Apple’s revenue is set to explode over the coming quarters, since she claims Cupertino’s off-balance sheet commitments “confirm major product ramps later this year.”
There may not be any official announcement of Apple’s iWatch entry into the wearable tech market just yet, but that’s not stopping analysts from predicting big things for it.
The latest is Morgan Stanley’s Katy Huberty, who suggests that the iWatch could achieve sales in the region of 30-60 million units in its first year on the market, thanks to the “halo effect” of brand loyalty to Apple that will drive sales of the as-yet-unannounced product.
Although since the iPhone 4S, Apple has launched new iPhones in the fourth fiscal quarter of every year, that’s not where the quarter they sell the most iPhones. It’s simple logistics: not only does Apple usually only have a couple weeks left in the fourth quarter to fit as many sales as possible into, but supplies of new iPhones tend to be constrained.
That’s not to say, though, that this won’t be a banner quarter for Apple. Thanks to the iPhone 5S and iPhone 5C, Apple will see year-over-year sales of iPhones increase by 28%, says one analyst.
Earlier today, we learned that Verizon actually sold a lot more iPhones last quarter than anyone expected, and now it looks like Apple might also be able to say the same. In fact, a Morgan Stanley analyst is now saying that her supply chain checks say Apple will beat their guidance this quarter by a sizable margin.
