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Apple, which is scheduled to report quarterly data on January 30, was downgraded to "underperform" by analysts at Jefferies. It was also cut to "hold" from "buy" at Loop Capital, Bloomberg reported .
Apple is having anything but a happy new year, as the company’s stock was hit with its third downgrade in less than two weeks on Wednesday. The latest sting comes from Redburn Atlantic’s James ...
Apple hit an all-time intraday high Tuesday as Wall Street analysts issued bullish outlooks on the stock ahead of the release of Apple Intelligence.Apple shares reached $237.49 on Tuesday before ...
The iOS mobile operating system developed by Apple has had a wide range of bugs and security issues discovered throughout its lifespan, including security exploits discovered in most versions of the operating system related to the practice of jailbreaking (to remove Apple's software restrictions), bypassing the user's lock screen (known as lock screen bypasses), issues relating to battery ...
If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
Apple stock tends to perform better a month or even two months out from launch days. Last year, shares of Apple were off by 1% a day after the iPhone 15 was announced. 60 days later, the stock was ...
Apple stock trades at a forward price-to-earnings (P/E) ratio of 30 based on fiscal 2025 analyst estimates. Before the COVID-19 pandemic, the stock generally traded at a much lower P/E, sometimes ...
Some 65% of Wall Street analysts covering Apple recommend buying the stock and see shares rising around 9% to nearly $245 over the next 12 months. Lee expects the stock to drop about 6% to $213.