Evercore Positive on Apple Earnings - MOSK: 01.21.2025

Mac OS Ken

Ken Ray

Mac, Computers, Technology, Ipad, Tablets, Phones, Iphone, X, Apple, News, Smart, Os, Smartphones

4.8 • 972 Ratings

🗓️ 21 January 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

- Evercore Positive on AAPL Ahead of Q1FY25 Earnings - Bloomberg’s Gurman: iPhone SE Running Out at U.S. Apple Stores - Five Years Later: Suit Against “Servant” Finally Goes to Trial - Colorado Town Gives Out AirTags, Stickers to Fight Car Theft - Apple Turns Landing Page Over to Marking MLK Day - Apple TV and Apple Music to Stream FireAid Concert to Benefit SoCal Fire Victims - Bad guys are scamming in the wake of the L.A. fires + ignoring smishing attempts on Checklist 407 - Scams Sparked by SoCal Fires - online at checklist.libsyn.com - Catch Ken on Mastodon - @[email protected] - Chat with us in Patreon for as little as $1 a month. Support the show at Patreon.com/macosken - Send me an email: [email protected] or call (716)780-4080!

Transcript

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0:00.0	This is MacOS Ken.
0:08.8	An optimistic note on Apple.
0:11.1	iPhone SE supply may be drying up.
0:14.5	And a concert for California fire relief.
0:17.8	It is Tuesday, the 21st of January 2025. I'm Ken Ray and this is news from MacOS
0:26.7	Ken, brought to you by yours truly and supported by people like you, patrons through Patreon.
0:36.2	Find out more and add your support at patreon.com slash macOS can.
0:45.4	When last we left Apple's shares, they had had a super ugly day.
0:51.5	Numbers from Canales that had iPhone sales falling off a cliff in China in 2024 almost
0:57.3	definitely contributed to ticker symbol AAPL, dropping about 4% last Thursday, down $9.61.
1:07.7	While they didn't bounce all the way back on Friday, a piece from Barron's had them moving in the right direction.
1:14.3	The way that site sees it, some of the credit for the end of the week performance might go to Evercourt ISI analyst Amit Daryanani.
1:22.4	He and his issued a note Friday sharing reasons for optimism ahead of Apple's holiday quarter earnings report due to hit near the end of next week.
1:33.3	Quoting his note, we are positive on Apple heading into the print as services should remain strong, and we think iPhone sales will continue to improve as we move through the fiscal year.
1:45.2	Shifting of investor focus to the iPhone 17.
1:50.1	Oh.
2:00.0	Shifting of investor focus to the iPhone 17 and SE, plus another better-than-feared China quarter,
2:07.2	should also add some incremental positivity to the narrative around iPhone.
2:13.3	And you do have to accentuate that incremental positivity, at least a little bit.
2:22.1	Mr. Daryanani has an outperform rating on Apple's shares.
2:25.9	His price target on the shares is $250.
2:30.8	Another sign that a new iPhone SE model is on the way, the old one appears to be running out.
	...

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