Apple

When a new generation of products and services are unveiled, it’s easy to get caught up in the novelty and advances of the underlying technology. We see it all the time at conventions like CES where LG displayed an array…

Angela Ahrendts, head of Apple Retail, is leaving the company in April after a five-year tenure. While we view Apple’s physical retail experience as the best in tech, there’s room for improvement. The Genius Bar is a victim of its…

Apple reported Dec-18 results essentially in-line with the company’s January 2nd pre-announcement. While revenue was down about 5% y/y, EPS was up 8% to a record high. Bottom line: no company can escape macroeconomic conditions, but Apple is successfully navigating…

The Dec-18 quarter is significant for two reasons: First, this call is the initial forum for Apple to address the revenue miss that they pre-announced on January 2nd. Second, the quarter will be Apple’s first under its new reporting methodology, which…

Here are 6 things we learned from Tim Cook’s interview on CNBC with Jim Cramer: Expect “new services” this year. As we’ve predicted, and in-line with expectations, we expect Apple to launch a new, branded video streaming service in 2019. The service will…

Apple and Samsung announced a partnership that will bring iTunes Movies and TV Shows, as well as Apple AirPlay 2 support to Samsung Smart TVs beginning this spring. iTunes users will be able to access their existing library and buy or rent…

We are publishing an updated Apple model. See the model here. Three quick observations: Following Apple’s update this week, we believe the Street remains slightly high for the balance of FY19. Specifically, Mar-19 overall revenue growth appears to be in…

Earnings misses are always a negative. While largely anticipated by the Street, the magnitude of Apple’s Dec-18 pre-announcement was a disappointment. It’s understandable that investors are piecing together what went wrong and its impact on the business longer-term — we…

Apple reissued lower guidance for the Dec-18 quarter (8% below Street expectations), citing soft iPhone sales in China as the primary driver of lower-than-expected revenue. Despite what will be a more complicated 2019 for the company, we believe the fundamentals…

We believe the investing view on Apple is shifting to Apple as a Service. The news that Netflix is leaving the App Store is somewhat expected, given the company began testing alternatives to the App Store last summer. The move…

1. Apple will be the best performing FAANG stock in 2019 (by Gene Munster) First, we believe the theme of Apple as a Service will slowly take root in 2019. Apple’s new reporting methodology will help focus investors on revenue…

Today, Apple indicated that they will stop selling iPhone 7 and 8 in Germany due to an injunction issued as part of a long battle between Apple and Qualcomm. As of now, both iPhone 7 and 8 are still available for…