Mac OS Ken: 07.22.2016

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 22 July 2016

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

- BMO Drops Apple Target from $118 to $116 - Survey Has Young SKorean Consumers Preferring iPhone - Business Insider Looks at Apple Versus Android Security - IDC: Smartwatches See YOY Decline in 2Q2016 (Take One) - IDC: Smartwatches See YOY Decline in 2Q2016 (Take Two) - Apple Sued in California Over Use of Refurbished Replacements Under AppleCare - One Person Says Apple Car Delayed or Something - Apple Opening First Brooklyn Store on 30 July - Get your guard up with ProXPN - Save with Offer Code osken at - Have you subscribed to EYE Chart Radio Yet? You should! ! - Power Mac OS Ken through Patreon at ! - Send me an email: or call (716)780-4080!

Transcript

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0:00.0	This is Mac OSKinn.
0:07.0	More long-term excitement around Apple, watches and the watchers who watch them, and a store grows in Brooklyn.
0:19.0	It's Friday, the 22nd of July, 2016.
0:23.2	I'm Ken Ray, and this is news from MacoS Ken.
0:27.9	Brought to you by yours truly and sponsored by ProXPN
0:31.9	and easy-to- use VPN software service.
0:35.0	Get your guard up with ProXPN online at ProXPN.
0:40.0	Com slash Macoesscan.
0:42.0	This show is also supported by people like you patrons through
0:45.7	Patreon. Find out more in that your support at Patreon.com slash Mac-O-o-Scan.
0:54.6	There seems to be a trend on Wall Street.
0:56.7	Everyone is excited about Apple.
0:59.4	They're just not excited about Apple right now. Barons had BMO Capital Markets analyst Tim Long issuing a note on Thursday, reiterating his
1:07.8	outperform rating on Apple shares, while cutting his expectations and price target.
1:13.4	The target goes from $118 to $116.
1:18.5	$2, Tim, we'll call him now.
1:21.8	As for his lowered expectations, gross margins have got him down in the near term.
1:26.4	He and his now estimate corporate gross margin of 37.5% versus consensus 38.3 percent according to his note. He went on to right
1:35.6	we believe the dilution from the iPhone SE was more pronounced in June and
1:40.2	September will be more driven by initial volume and gross margin on the iPhone 7.
1:46.0	Of course we'll find out what last quarter held next Tuesday, that's when Apple announces earnings and hold its Q and a call with financial analysts
1:55.5	Corn Dogs to be served after
	...

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