"This is very reminiscent of the iPhone 13 cycle." — Analyst Erik Woodring
Read More Why Morgan Stanley is tactically cautious about Apple (video)
"However, we are more cautious on the December quarter... and believe Apple will guide to a revenue range that is both below normal seasonality and Consensus expectations." — Analyst Eric Woodring
Read More Morgan Stanley: Apple to post accelerating Services and record gross margins
"We are raising our Sept Q estimates slightly, but lowering Dec Q estimates by 5-9% (still 0-1% above Consensus) due to iPhone 15 pushout." — Analyst Erik Woodring
But he's sticking with his outperform rating and $215 price point.
Read More Morgan Stanley's Erik Woodring recommends buying Apple at $160 (video)
"Apple's recent stock move is indeed overdone as it implies Apple loses ~70% of its iPhone shipments in China, a highly draconian and unlikely scenario." — Analyst Erik Woodring
"On average, stocks appear to experience a technical pull higher when active ownership is much lower than the market." — Analyst Erik Woodring From a note…
Read More Morgan Stanley: Apple now most underowned U.S. tech megacap
"We will be closely tracking the trajectory of supply chain builds/orders in late September/early October, which is when Apple historically adjusts build forecasts following initial pre-order feedback." — Analyst Erik Woodring
"History shows that this kind of setup drives the greatest outperformance in Apple's stock in the day, week and month post-earnings." — Analyst Erik Woodring
Read More Morgan Stanley sees a setup for Apple's numbers to move materially higher
From Erik Savitz' "Apple’s Revenue Could Get a Big Boost From AR/VR. Here’s One Estimate of How Much." posted Friday by Barron's.
Read More Apple headset revenue estimate: 'A huge leap of faith' says Barron's
"It's still early days, but this long-term growth potential and the fact that Apple is expected to be the market leading vendor in mixed-reality headsets is what could make WWDC a more significant stock catalyst this year." — Analyst Erik Woodring
13 Comments