...NEW YORK (TheStreet) -- Expect Apple (AAPL - Get Report) stock to nearly double in value and hit $200-a-share a year from now, say analysts at Drexel Hamilton in New York.
Pointing to "overblown" fears about the Chinese market for cell phones, as well as the "sharp correction" that Apple experienced over the summer, the brokerage firm is forecasting another major growth cycle for the California-based tech giant.
"Despite a slowing economic backdrop, our recent trip to China further supports our view that Apple fever is alive and well across the country," analyst Brian White wrote in an Oct. 1 note to investors. "We estimate the company will gain share in the global smartphone market in 2015."
Again and again and again! Good think they have lots of cash to ride it out.
cited "sources" crapola in their article. sources my #$%$!
More WS manipulation in play:
...10:02 AM EDT, 10/01/2015 (MT Newswires) -- Shares of Apple Inc. ( AAPL) were lower Thursday morning after Digitimes reported that iPhone chipmakers are concerned the technology giant will trim its chip orders for Q4.
Citing industry sources, the report said Apple ( AAPL) has cut its demand for supplies for the new iPhones. Overall shipments of the new iPhone 6s series are seen at 75 million to 80 million units in Q3 and Q4 shipments are expected at 65 million to 70 million.
AAPL was moving in the lower half of the 52-week range of $92.00 to $134.54.
Price: 107.88, Change: -2.42, Percent Change: -2.19
we need to be back up above 121 to even get above the 200 dma. This selloff has been brutal and no real reason for Apple to be down this much.
Technology however is generally good in 4th quarter. October is a "push!" Maybe if we get a decent jobs report, feds may raise 25 basis points. I think we would actulaly get a relief rally if feds raise sooner than later as it would remove some uncertainty at least as it relates to feds. China is a different story. #$%$ knows what their growth will be as they haven't exactly been shooting straight. And then there's oil. Too many factors bringing this volatility.
...WASHINGTON-A federal appeals court on Thursday ruled Apple Inc. ( AAPL) was entitled to an injunction barring rival Samsung Electronics Co. from incorporating features into its devices that infringe the iPhone maker's patents.
A trial judge who previously denied Apple's request "abused its discretion when it did not enjoin Samsung's infringement," the U.S. Court of Appeals for the Federal Circuit said.
The decision is a notable win for Apple which has argued that Samsung should have to do more than pay monetary damages for infringing upon Apple's patented technology.
Thursday's decision stems from a 2014 trial in San Jose in which a jury concluded that some Samsung devices violated iPhone patents, including an Apple ( AAPL) patent on "data tapping," a feature that allows the user to call a phone number in an email by clicking on it.
The jury awarded Apple more than $119 million in damages, but the presiding judge denied Apple's request for an injunction blocking Samsung from including infringing features in its devices.
...09:26 AM EDT, 09/16/2015 (MT Newswires) -- Apple ( AAPL ) saw its price target boosted to $160 from $150 by JMP Securities while the firm retained its outperform rating.
...NEW YORK (TheStreet) -- Disney (DIS - Get Report) shares are off over 1% Tuesday after a report from Morgan Stanley on television bundling that increasingly does not include Disney programming.
In particular, the report says many so-called skinny bundles aren't including the Disney Channel or ESPN, which are a big component of Disney's revenue, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Stop Trading."
Yes, this is clearly bad news for Disney, but he is confused by the report because the analysts expect Disney to generate $6 in earnings per share for 2016, Cramer said. If that's the case, why should investors sell?
yep something about exclusion from packages. Ridiculous. These guys just want to keep churning these stocks. More commissions for them Greedy!
I heard just a little bit on CNBC from Cramer. Something about Goldman making some sort of statement about DIS' ESPN not being included in packages. Skinny?? packages? Can't find the link. But obviously whatever was reported is weighing on the stock today!