4.8 • 972 Ratings
🗓️ 3 April 2023
⏱️ 15 minutes
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0:00.0 | This is Mac OSKIN. When Bush moves Apple back above 200, Tim Cook goes from touring China to talking about it, and a freebie coming |
0:17.0 | from the Steve Jobs Archive. |
0:19.6 | It is Monday, 3rd of April, 2023. |
0:23.0 | I'm Ken Ray, and this is news from Macau West Ken. |
0:29.0 | Brought to you by yours truly and sponsored by Hello Fresh, America's number one meal kit. |
0:36.8 | Go to Hello Fresh.com slash M-O-K-50 and use code M-O-K-50 for 50% off. |
0:50.0 | This show is also supported by people like you, patrons through Patreon. |
0:56.7 | Find out more in that your support at Patreon.com slash MacoWestcan. dot com slash mcco-west can. |
1:07.0 | Hop on board Mr Ives Wild Ride. |
1:10.0 | A piece from Apple Insider says Wed Bush has upped its price target on Apple shares. |
1:16.0 | That site has a habit of not naming analysts for some reason, though Daniel Ives does track Apple for Wedbush. He has ridden his price target on Apple like |
1:26.8 | something wild just since the start of this year. In the first week of 2023 he dropped his firm's price target on Apple's shares from $200 to $175 |
1:38.0 | thanks to the uncertain economic outlook. Despite the huge miss on iPhone, |
1:44.2 | Ives was impressed by Apple's December quarter earnings call |
1:47.4 | and raised his Apple target in February |
1:50.2 | from 175 to 180. |
1:53.0 | Strength for iPhone in China led him to raise his price target last month from 180 to 190. |
1:59.0 | Now strength for iPhone is helping to push his target back over the $200 mark. |
2:06.6 | While what Bush does acknowledge that iPhone enjoyed a great March quarter, as missed holiday |
2:11.2 | sales were made up in the quarter, that's not all that's driving the |
2:15.7 | phone in the firm's estimation. |
2:18.8 | Demand for iPhone rose in China last quarter, with the firm putting an emphasis on strength in March |
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