Below: The price target changes Apple analysts have made over the last three months. Corrections appreciated.
My take: I expect some target to change after Apple reports its quarterly earnings tomorrow, especially if the results beat expectations. The numbers usually drop 30 minutes after the markets close. The conference call starts at 5:00 p.m. Eastern, 2:00 p.m. Pacific. I’ll be tuning in, and you can too. Click here.
Which will come first? Rod breaking three digits in his PT for Apple? Or Rod going back to his former PT of $75.00?
Looking forward to the release of earnings at 1:30 p.m. and hoping that my revenues and EPS predictions fall well short of the mark.
resurrection of the iphone.
i am following tsm and asml closely as well. they are the base on which apple grows. if this base grows, apple grows. in the race to shrink and shrink only samsung tsm and asml are left. intel lost. so if you can not order in this golden triangel you are also lost. Apple has the most purchase power. They can pick first. whats left goes to the rest of the pack. if they are lucky there are any left overs because apple is greedy. European car industry ran into problems because of lack of chips. Angela Merkel wrote a letter to TSM to pursuede them to deliver more chips. lots of production lines had to shut down because Apple First policy of TSM. The EUV era has started. TSM bought 1 EUV system of asml for 2024 with a staggering cost of 240mio USD. Only for write the pattern on the chip. So if you are last in line with TSM you can better shutdown your business. i see a 10 trillion company.