"While we don't believe F3Q earnings will put to rest investor concerns about a hardware downturn, we expect Apple to beat Sept Q expectations & guide constructively to the Dec Q." -- Analyst Erik Woodring
Read More Morgan Stanley expects Apple to beat expectations next week
3 years agoFrom Eric Savitz' "Apple Stock Is Top Pick, but Hardware Sector Set for Pain, Says Morgan Stanley" posted Monday.
3 years ago"Apple remains a near-term bull/bear battleground and we aren't pounding the table into earnings, but remain OW as a flight-to-quality/best of breed name in a downturn." -- Analyst Katy Huberty
"They don't want to make a car, they want to turn your car into a mobile app store." — Adam Jonas
Read More Morgan Stanley's car guy: Apple's going straight to autonomy
From a note to Morgan Stanley clients that landed on my desktop Tuesday.
Read More Katy Huberty: Apple App Store growth decelerated in June -- mostly in China
From the note by analyst Erik Woodring to sent to clients Wednesday that landed on my desktop Saturday.
Read More Why Morgan Stanley (not Katy Huberty) lowered Apple target $10 to $185
Sounds like Huberty is reacting to macro trends, and not anything Apple has done.
Read More Morgan Stanley's Katy Huberty cut her Apple price target $10 to $185
"Beyond the June quarter, we see a path for App Store growth to reaccelerate, as Y/Y compares for the remainder of CY22 (and into CY23) ease each successive quarter."
Read More Katy Huberty: Weak App Store growth in May poses risk to June Services
"April App Store Accelerates To +8% Y/Y With Green Shoots Emerging"
3 years ago"We expect more cautious Jun Q commentary due to China COVID lockdowns but would buy any weakness ahead of product launch catalysts later this yr."
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