This is Mac OSKenn.

This is Mac OS Ken.

Reactions to Apple earnings. What are wearables worth to Apple? And Apple and

the U.S. economy? It's Thursday the 4th of May 2017. I'm Ken Ray and this is news from Maco-S Ken brought to you by yours truly

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Maco-Scan.

There doesn't seem to have been a lot of movement around Apple the day after reporting its second quarter fiscal year 2017 earnings.

Trading was pretty much flat for the day, while most analysts kept saying what they'd been saying, wait till the super cycle zooms in.

Barron says they were two notable exceptions to the sameness, Goldman Sachs analyst

Simone Jankowski and Barclays analyst Mark Moskowitz.

Jenks spun positive, viewing the second quarter as a non-event with the market likely

to look through a near-term iPhone pause in anticipation of the

iPhone 8 product cycle. She raised her 12-month price target on Apple's shares from $150 to

164 while reiterating her buy rating on the stock.

Meanwhile, Mr. Moskowitz stayed frosty where Apple's concerned.

He's got an equal weight rating on Apple shares, price target of

$123 and a few worries around China. More surprisingly in a quarter

when Apple CEO Tim Cook said he and his screwed up on the iPhone

mix by underestimating demand for iPhone 7 plus in a quarter when Apple sold fewer

phones year over year but made more money because more people are going for the higher priced top of the line model.

On the heels of just such a quarter,

...