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.
