Mac OS Ken: 12.24.2015
Mac OS Ken
Ken Ray
4.7 • 996 Ratings
🗓️ 24 December 2015
⏱️ 11 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | This is Mac OSKinn. |
| 0:07.0 | This is Mac OS Ken. |
| 0:12.0 | Wall Street loves Apple and yet, yet another place to get an Apple watch and |
| 0:17.1 | meet the Beatles yet again. It's Thursday the 24th of December 2015. I'm Ken Ray and this is news from Maco |
| 0:27.6 | Can. Brought to you by yours truly and sponsored by Linda.com. The online learning platform with over 4,000 on-demand video |
| 0:36.6 | courses. Start your free 10-day trial at linda.com slash Maco-Scan |
| 0:45.0 | Talk about your mixed messages. |
| 0:48.0 | Barons had Stephen Nicholas analyst Aaron Rakers doing that thing yesterday that analysts have been doing of late |
| 0:54.6 | singing Apple's praises while cutting his firm's price target on the Cupertino company's shares. |
| 1:00.5 | He loves Apple's track records since the introduction of iPhone 6 of turning Android |
| 1:05.2 | users into iPhone users. He loves the iPhone installed base, which he sees at a rather |
| 1:10.6 | high 585 million, and he loves Apple's growth prospects in emerging markets |
| 1:16.3 | and China. What he does not love however is perceived weakness in Apple supply chain. |
| 1:21.8 | For that reason he's lowered his firm's 12-month price target on Apple's shares from $150 to $140. That said, with shares trading at $108 in change, Rakers does maintain a buy rating on Apple's stock. |
| 1:37.0 | Following a similar path was FBR and company analyst Daniel Ives. |
| 1:41.0 | A separate piece from Barron says he too likes the iPhone installed |
| 1:44.8 | base, especially the fact that only about 30% of iPhone owners have upgraded |
| 1:49.5 | since the release of iPhone 6 in 2014. |
| 1:53.0 | Given that relatively small percentage, he thinks upgrades for Apple's next flagship |
| 1:58.0 | phone could be stellar, and of course, China. |
| 2:02.0 | Because, you know, China. |
| 2:06.2 | Still, he's lowered his expectations for iPhone sales for this quarter |
... |
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