Apple's (AAPL) China Metrics Still Solid Following Recent Checks - Stifel
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Nomura Securities Reiterates Buy on Apple (AAPL) Following CEO Update
August 25, 2015 8:05 AM UTCNomura Securities reiterated a Buy rating and $145.00 price target on Apple (NASDAQ: AAPL) following an update by CEO, Time Cook. Mr. Cook indicated internal updates as of yesterday morning showed China growth to be strong. With pricing in a ~%15 decline, Analyst Jeffrey Kvaal said... More
Apple's (AAPL) Cook Criticized for Email Update to Cramer
August 24, 2015 1:38 PM UTCApple (NASDAQ: AAPL) CEO Tim Cook was criticized for earlier emailing CNBCs Jim Cramer... More
Apple (AAPL) Being Thrown Out with the Bath Water, FBR Capital Says
August 24, 2015 10:21 AM UTCFBR Capital analyst Daniel Ives has come out to defend Apple (NASDAQ: AAPL) amid the 25% sell-off since earnings. The analyst reiterated an Outperform rating and $175 price target.
Ives commented, "It has been a miserable, dark period for Apple investors since the company reported June results, as shares are down 25% with negative China sentiment, market fears... More
Cantor Fitzgerald Defends Apple (AAPL); Valuation 'Irrational'
August 24, 2015 10:10 AM UTCCantor Fitzgerald analyst Brian White reiterated his Buy rating and $195 price target on Apple (NASDAQ: AAPL) amid the recent sell-off. The analyst said the overblown China concerns and market malaise creates an irrational valuation.
White commented, "Growing fears regarding China have... More
Apple's Cook reassures investors on China, stock boomerangs
August 24, 2015 9:45 AM UTCBy Devika Krishna Kumar
(Reuters) - Apple Inc's Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker's business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory.
Chinese consumers are critical to fueling demand for iPhones, and a slump in the country's stock market and Beijing's recent devaluation of the yuan have shaken Apple investors already worried about slowing growth in the world's No. 2 economy.
With Chinese stocks plunging close to 9 percent earlier... More
