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Mac OS Ken

Wedbush Puts Apple Target Above $200 - MOSK: 04.03.2023

Mac OS Ken

Ken Ray

Mac, Computers, Technology, Ipad, Tablets, Phones, Iphone, X, Apple, News, Smart, Os, Smartphones

4.8972 Ratings

🗓️ 3 April 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

- Wedbush Ups Apple Price Target Over $200 - Tim Cook Meets with “Genshin Impact” Team - Lawmakers Head to Hollywood and Silicon Valley to Talk China - Apple Watch Series 8 and SE 2 Land in Refurbished Store - GM Phasing Out CarPlay, Android Auto in Future EVs - The Steve Jobs Archive Publishing Free Ebook Next Week - TheKassieMac Solves the iPhone Sticker Mystery - Sponsored by HelloFresh: America’s #1 Meal Kit! Go to HelloFresh.com/mok50 and use code mok50 for 50% off plus your first box ships free! - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon at Patreon.com/macosken - Send me an email: [email protected] or call (716)780-4080!

Transcript

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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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