AirPods and Watch sales will continue to drive Apple’s stock higher in 2020, Citi’s Jim Suva says

The strong sales of Apple’s AirPods and Apple Watches will come as a “surprise” to investors when the company reports its fiscal first-quarter earnings in early 2020, Citi analyst Jim Suva told CNBC on Monday. And it is why Apple’s stock will continue to move higher next year toward his $300 price target, he said. “Some … Read more AirPods and Watch sales will continue to drive Apple’s stock higher in 2020, Citi’s Jim Suva says

iPhone sales continue to fall in India, but Apple could benefit from upcoming regulatory change

A pair of reports this week detail Apple’s ongoing struggles in India, but also note a point of hope for the company. The Economic Times reports that iPhone sales continue to fall in India, but that India regulators are looking to ease local sourcing rules – which could help Apple’s efforts to open retail stores in the country. … Read more iPhone sales continue to fall in India, but Apple could benefit from upcoming regulatory change

Apple Earnings Preview: Will Its China Problem Continue?

Apple (NASDAQ:AAPL) has big trouble in Greater China. In early January, the company issued an updated forecast before its first-quarter earnings report, lowering its guidance by a whopping $5 billion. While the shortfall was the result of several factors, the greatest contributor to the decline was economic weakness in China. The company also faced currency headwinds due to a … Read more Apple Earnings Preview: Will Its China Problem Continue?