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The Latest Breaking News from Wamsi Mohan

Apple stock might soar thanks to old iPhones

“An aging installed base and GenAI features…should provide a boost to customers' intentions to upgrade,” BofA’s Wamsi Mohan wrote Thursday.

Fortune

2 Mega-Cap Tech Stocks to Grab This June

As the tech sector continues to drive growth, these two mega-cap stocks are catching analysts' attention as potential bullish picks this June.

Barchart

Apple's AI-Powered 'IntelliPhones' Will Spark a Buying Frenzy, Analysts Say

BofA analysts predict AI-powered "IntelliPhones" will revolutionise smartphones and trigger a major upgrade cycle for Apple.

International Business Times UK

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Apple is getting a once-in-a-decade secret weapon in AI-enabled ‘intelliphones’—Bank of America sees its stock surging 20%

AI could breathe life into the stagnant tech giant by kicking off an iPhone upgrade cycle.

Fortune

This 'Mag 7' Stock Could Rise Another 21%, Says Bank of America

A Bank of America analyst believes Apple’s growth and fiscal strategies will continue to work in its favor, boosting the stock price.

Barchart

Stock Market Today: Nasdaq Outperforms as Chip Stocks Pop

Well-received earnings from Taiwan Semiconductor generated a halo effect on other semiconductor stocks.

Kiplinger

iPhone 15 Pro Max rumored delay will keep you waiting for weeks — why Sony is to blame

A new rumor reveals that the high-end model of the iPhone 15 line will ship at a later date.

Laptop

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Over $200 billion of Apple's market cap has been vaporized since Thursday. Here's what's going on

“The gravity of a challenging smartphone market particularly in developed regions that should continue…is a headwind for the stock,” UBS analyst David Vogt said.

Fortune

iPhone 15 launch delayed — here are the problems Apple is facing (report)

The iPhone 15 was just a few weeks away. However, you could be waiting longer than that now.

Laptop

The iPhone 15 could be delayed until October and hit by major shortages

Apple is trying to decrease the bezels on high-end iPhone 15 models, but the process is apparently proving to be difficult.

TechRadar

iPhone 15 release date could be delayed until October — here’s what we know

Apple may have to delay the iPhone 15 by a few weeks says a Bank of America analyst, the first to make such a claim.

Tom’s Guide

iPhone 15 release could be delayed until October

One analyst claims the iPhone 15 launch may be delayed by "a few weeks" from its expected September date.

iMore

Apple will lose 6 million iPhones after China factory shuts down

China’s COVID-zero policy creates headaches for Apple, as a factory closure threatens supply of its flagship product.

Fortune

That iPhone May Not Cost You $1,000: A 'Sticky Ecosystem' Is A Boon For Cell Phone Carriers

Apple Inc. (NASDAQ: AAPL) recently released its latest iPhone 14 models and Bank of America analyst Wamsi Mohan said Wednesday that carrier promotions are making the devices more affordable than shoppers may expect in the inflationary environment.

Benzinga

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Benzinga

BofA Lists Reasons For Its Bullishness On Apple

BofA analyst Wamsi Mohan noted that Apple Inc's (NASDAQ: AAPL) App Store revenue growth in fiscal Q3-to-date has grown to $2.6 billion, or up 7% year-over-year through April 30, according to SensorTower data.

Benzinga

7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.

Benzinga

'Modestly Better': 4 IBM Analysts React To Impressive Earnings Report

IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company.

Benzinga

5 Best Value Stocks To Buy With $100: Citigroup, General Motors And More

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year.

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Benzinga

6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM And More

When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock.

Benzinga

Why This HP Analyst Remains Skeptical Even After Warren Buffett's $4.2B Investment

HP Inc (NYSE; HPQ) shares rallied Thursday after Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) revealed a new 121-million-share stake in HP worth about $4.2 billion.

Benzinga

Here's Why BofA Remained Bullish On Apple

Some reports suggested Apple Inc (NASDAQ:AAPL) looked to slash iPhone and AirPods production over the Ukraine war and inflation, but analysts called it a rumor. However, BofA defended the tech giant, noting demand is "strong," citing lower trade-in prices for old iPhones. Apple lowered trade-in values for some iPhone models after the $429…

Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Benzinga

BofA Remains Bullish On Apple; Sees Sharp Upside

BofA analyst Wamsi Mohan noted that he expects a "strong" quarter for Apple Inc (NASDAQ: AAPL) on an improved supply of higher-end phones, including the iPhone 13 series. Apple is scheduled to report its Q1 results on January 27, 2022.

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