4.8 • 972 Ratings
🗓️ 24 January 2025
⏱️ 13 minutes
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0:00.0 | This is MacOS Ken. |
0:08.8 | Analyst jot notes ahead of Apple's earnings. |
0:11.7 | The UK and India lean into Apple and Google. |
0:15.0 | And a couple of notable lawsuits against Apple. |
0:17.9 | It is Friday, the 24th of January, 2025. |
0:22.2 | I'm Ken Ray, and this is news from MacOS Ken. |
0:27.7 | Brought to you by yours truly and supported by people like you. |
0:32.7 | Patrons through Patreon. |
0:35.6 | Find out more and add your support at patreon.com slash macOS cam. |
0:44.6 | Not since Jeffrey's analyst Edison Lee dropped his 12-month price target on Apple shares from $212.92 to $200.75 as the price reduction seems so silly. |
0:59.1 | I know that was only a couple of days ago, but still, Apple 3.0 ran a piece on a recent note from Barclays |
1:05.6 | that had that firm dropping its price target on Apple's shares by $1. |
1:13.1 | Pluses for the Cooper Tino company include services revenue and strong sales for the Mac. |
1:18.8 | While the firm says those will help offset anticipated weakness in iPhone sales, |
1:24.3 | they won't make up for that entirely. |
1:27.1 | Working against Apple or lower iPhone 16 builds, according to the firm, adverse currency |
1:33.0 | impacts, and limited excitement around the anticipated fourth generation iPhone SE. |
1:41.0 | Barclays has an underweight rating on Apple's shares. |
1:43.9 | They use this week's note to lower their price target on the shares from $184 to $183. |
1:52.0 | That is a 12-month price target. |
1:56.0 | Let's check back in a year. |
1:59.0 | With all of this week's negativity, news of a price target rise for Apple. |
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