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Mac OS Ken

Mac OS Ken: 01.13.2016

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 13 January 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

- BofA Ups Apple from Neutral to Buy - Merrill Lynch Moves Apple from Neutral to Buy - Piper Jaffray Lowers March-Quarter iPhone Expectations; Reiterates Overweight Rating - Juniper Research: Apple Watch Makes Up Over Half of Smartwatch Space - IDC and Gartner Say Mac Sales Rise While All Other PC Sales Slump - iOS 9 Adoption Hits 75-Percent - Apple Head of Enterprise Mobility in India Quits to Sell Android Phones - Tim Cook Stumps for Strong Encryption at Cybersecurity Summit - Have you subscribed to EYE Chart Radio Yet? You should! Find it in iTunes! - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0

This is Mac OSKinn.

0:07.0

From rotten to fermentedmented trying to Apple Watch and the Max Max PCs again.

0:19.1

It's Tuesday the 13th of January 2016. I'm Ken Ray and this is news from MacoS Ken brought to you by

0:27.7

yours truly and sponsored by you your company's name and product could be mentioned right here.

0:35.0

Advertising handled by Backbeat Media online at backbeatmedia.com.

0:39.5

Seriously, get in touch.

0:41.1

If there's a theme for Apple shares right now it might be they're so bad they're good.

0:48.0

Fortune ran a piece yesterday noting the surge in reductions for iPhone sales expectations

0:53.2

that's been going on for about the last month.

0:56.1

Quoting the piece, spoke by warnings from Asian smartphone parts suppliers,

1:00.1

at least 17 Apple analysts over the past four weeks have lowered their iPhone estimates for the current quarter, which ends on March 26th.

1:09.0

That is an Apple shares from about $113 where they were trading mid-December to as low as $95 last Friday,

1:16.9

though they'll start trading in a little over $100 today, because maybe $95 was low enough.

1:25.0

Quoting Fortune's Tuesday morning piece.

1:27.3

At this point the anticipated damage from March has probably been baked into the stock.

1:32.0

Over night Bank of America upgraded Apple from neutral to buy,

1:35.8

and the stock opened Tuesday up nearly 2% from Monday's close.

1:40.0

And B of A was not alone.

1:43.0

Wamsi Mohan, which sounds like a Native American tribe from New England, but is in fact an analyst

1:48.3

with Merrill Lynch also moved Apple from neutral to buy. Merrill Lynch doesn't give copies of its reports to the media, but in the age of the internet, who needs him to?

1:58.0

Baron says, according to a write-up by the fly on the wall, Mohan's firm took a survey and found that demand for the

2:04.4

iPhone is still strong in China.

...

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