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ubs moderates apple stock outlook amid declining iphone sales forecasts
UBS analysts have maintained a neutral stance on Apple Inc., setting a price target of $236.00 amid revised lower iPhone unit expectations, forecasting 74 million units and $67.2 billion in revenue for December, down from previous estimates. Despite a year-over-year decline in iPhone sales, a slight increase in Services revenue offers some mitigation, though overall revenue projections for the quarter have been reduced to $120.8 billion, below consensus expectations. Meanwhile, Apple is exploring AI advancements and potential collaborations with Tencent and ByteDance to enhance its market position in China.
Investing.com
United States Dollar JD.com, Inc. Apple Inc. Google Inc. TENCENT Baidu, Inc. USA CHN Show more
Technology & Innovation, Market Report
11:22 02.01.2025
ubs moderates apple stock outlook amid declining iphone sales expectations
UBS analysts have maintained a neutral stance on Apple Inc., setting a price target of $236.00 amid revised lower iPhone unit expectations due to an 8% year-over-year decline in November sales. The adjusted forecast anticipates 74 million units and $67.2 billion in revenue for the December quarter, reflecting a 4% decrease from last year. Despite this, a slight increase in 'Services' revenue offers some mitigation, though overall revenue expectations have dropped to $120.8 billion, below consensus estimates.
Investing.com South Africa
United States Dollar JD.com, Inc. Apple Inc. Google Inc. TENCENT Baidu, Inc. USA HKG CHN Show more
Technology & Innovation, Market Report
11:21 02.01.2025
ubs lowers apple stock outlook amid declining iphone sales forecasts
UBS has maintained a Neutral stance on Apple Inc., reiterating a $236 price target amid revised iPhone sales expectations. Analysts noted an 8% year-on-year decline in iPhone sell-through in November, leading to lowered forecasts for unit sales and revenue for the December quarter, now expected at $120.8 billion. Despite this, Services revenue has been adjusted upwards due to strong App Store performance, partially offsetting the impact of weaker iPhone sales.
Investing.com Deutsch
United States Dollar Apple Inc. USA
Technology & Innovation, Market Report
11:16 02.01.2025
apple inc reports diverse product sales and global market distribution
Apple Inc. focuses on designing, manufacturing, and marketing computer hardware and music support, with net sales primarily from telephone products (52.1%), peripheral devices (10.5%), and computers (10.2%). Geographically, sales are led by the Americas (42.4%), followed by Europe/India/Middle East/Africa (24.7%) and China/Hong Kong/Taiwan (18.9%). Other revenue sources include music support (7.4%) and various services (19.8%).
MarketScreener
United States Dollar Apple Inc. CHN JPN TWN USA HKG Show more
Technology & Innovation, Market Report
08:35 02.01.2025
apple faces declining iphone sales amid worsening demand in china
Apple is expected to face weaker iPhone sales in December, with UBS analysts revising unit estimates down to 74 million and revenue to $67.2 billion, citing declining demand in China. The company's overall revenue forecast for the quarter has been cut to $120.8 billion, below market expectations, while earnings per share estimates have also been lowered. Despite challenges in device sales, particularly due to competition and regulatory issues affecting AI features, Apple's services revenue remains strong, helping to mitigate overall earnings declines.
Investing.com
Chinese Yuan United States Dollar Apple Inc. XIAOMI-W CHN
Technology & Innovation, Market Report
02:05 02.01.2025
opx live set to launch a new era for creators and traders
OPX Live is set to launch on December 28, 2024, offering a platform that integrates token creation, trading, and streaming to enhance the Creator Economy 2.0. Founded by industry veterans, it features a revenue-sharing model that empowers creators and rewards token holders, fostering a collaborative digital ecosystem. The platform aims to redefine engagement between creators, traders, and fans, promoting sustainable growth and community development.
CoinJournal
USA Simon Bourdon Arthur Rozon Artur Minacov Show more
Technology & Innovation, Press Release
16:01 27.12.2024
opx live launches platform to empower creators and enhance digital economies
OPX Live is set to launch on December 28, 2024, as a unified platform for the Creator Economy 2.0, integrating token creation, trading, and streaming. Founders Artur Minacov, Simon Bourdon, and Arthur Rozon aim to empower creators and communities through innovative revenue-sharing models and transparent trading. The platform will host a live Keynote Event to unveil its vision and features, fostering collaboration among creators, traders, and fans.
cryptopotato.com
USA Simon Bourdon Arthur Rozon Artur Minacov Show more
Technology & Innovation, Press Release
15:44 27.12.2024
QORPO launches battle royale mode and blockchain solution for Web3 gaming
QORPO, a European game developer, is enhancing Web3 gaming with the launch of Citizen Conflict’s Battle Royale mode and the TOY Chain blockchain solution. This initiative aims to simplify gameplay and asset ownership while minimizing onboarding complexities, allowing players to focus on the gaming experience. The TOY Chain will support both QORPO's titles and external developers, promoting seamless integration and community-driven governance.
Cointelegraph
QORPO WORLD USD
Technology & Innovation, Press Release
19:00 26.12.2024
crypto industry celebrates success and looks forward to innovative 2024
Merry Christmas from the CVJ.CH team! As 2024 concludes, the crypto industry celebrates significant milestones, including successful Bitcoin ETFs and a price surge past USD 100,000. Looking ahead, CVJ.CH will introduce an AI-powered portal to streamline crypto news and expand its educational offerings. Happy holidays!
Crypto Valley Journal
United States Dollar CHE
Technology & Innovation, Press Release
06:00 25.12.2024
apple nears four trillion valuation amid ai driven investor enthusiasm
Apple is nearing a historic $4 trillion market valuation, driven by investor optimism surrounding its AI advancements and potential iPhone supercycle. Despite recent sluggish iPhone sales, analysts predict a rebound in revenue by 2025 as Apple expands its AI features and geographic reach. The company's shares have surged approximately 16% since early November, reflecting strong market confidence.
reuters.com
United States Dollar NVIDIA Corporation Apple Inc. Berkshire Hathaway Inc. Microsoft Corp CHN FRA USA Donald Trump Tom Forte Warren Buffett Eric Clark Adam Sarhan Show more
Technology & Innovation, Market Report
17:48 23.12.2024
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