- Barrons.com•30 minutes ago
After a week or so of negative data points about Apple’s (AAPL) iPhone, with analysts cutting estimates, Credit Suisse’s Kulbinder Garcha today swoops in with some good news, which is that demand for the iPhone seems just fine, and the company’s heading for record shipments. "Supply chain checks from our Asia team are supportive of iPhone strength, particularly around the mix,” writes Garcha, who has an Outperform rating on the shares, and a $150 price target. "Additionally, the mix of the iPhone 7 Plus continues to be strong, with the 7 Plus expected to make up ~45% of the iPhone 7/7 Plus mix, materially higher than the ~35% we currently estimate." Garcha, however, is really “looking forward to the iPhone 8 super cycle,” he writes, referring to what is presumably the next model, coming sometime in 2017.
- The Wall Street Journal•48 minutes ago
The Supreme Court Tuesday ruled a lower court should reconsider how much money Samsung owes rival Apple for infringing patents on the iPhone’s design.
005930.KS : Summary for SamsungElec - Yahoo Finance
Samsung Electronics Co. Ltd. (005930.KS)
KSE - KSE Delayed Price. Currency in KRW
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|Day's Range||1,720,000.00 - 1,760,000.00|
|52 Week Range||1,088,000.00 - 1,760,000.00|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|