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| March 12, 2013 |
| 10:30 EDT |  | AAPL | Apple down after analyst says revenue may miss guidance
Apple (AAPL) is falling after Jefferies analyst Peter Misek reduced his price target on the stock to $420 from $500, lowered his first quarter sales estimate for the company to $41B and warned that the company's first quarter revenue could come in below its guidance range. Apple's guidance usually proves to be quite conservative, but Misek sees a 25% chance that the company's first quarter revenue will come in below its guidance range of $41B-$43B. Misek lowered his estimate for iPhone sales during the first quarter to 35M units from 37.5M, as he estimates that only about 25M iPhones will be built this quarter. The remainder of the iPhones that will be sold this quarter will be obtained from inventories, the analyst explained. Meanwhile, the new features of the upcoming iPhone 5S and iPhone 6 may not cause demand for Apple's smartphones to increase, and the upcoming "low-cost" iPhone may be too expensive for most consumers in developing markets, wrote Misek. The analyst maintained a Hold rating on the shares, which fell $4.50, or 1%, to $430 in mid-morning trading. |
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News For AAPL From The Last 14 Days Check below for free stories on AAPL the last two weeks. |
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| May 24, 2013 |
| 16:00 EDT |  | AAPL | Options Update; May 24, 2013
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| 11:22 EDT |  | AAPL | Best Buy to cut iPhone prices, AllThingsD says
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| 10:40 EDT | | AAPL | Apple's iOS to become flatter, more black and white, 9to5Mac says
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| 09:43 EDT | | AAPL | Active equity option families trading
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| 07:49 EDT | | AAPL | Rumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link |
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| 07:11 EDT | | AAPL | Apple nearly tax free in Ireland since 1980, Reuters reports
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| 06:10 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
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| 06:05 EDT | | AAPL | FDA targets IPhone urinalysis app, Bloomberg reports
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| May 23, 2013 |
| 19:50 EDT | | AAPL | Apple faces potential setback in e-books case, WSJ reports
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| 16:00 EDT | | AAPL | Options Update; May 23, 2013
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| 09:59 EDT | | AAPL | Analyst: Apple won't launch computerized watch until late 2014, BGR says
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| 09:37 EDT | | AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ |
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| 09:25 EDT | | AAPL | Samsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second. |
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| 07:11 EDT | | AAPL | EU's Barnier wants big companies to disclose national tax bills, Reuters reports
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| 06:08 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
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| 06:04 EDT | | AAPL | Apple hoping to launch music service at June conference, NY Post reports
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| 05:45 EDT | | AAPL | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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| May 22, 2013 |
| 12:07 EDT | | AAPL | Consumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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| 09:42 EDT |  | AAPL | Apple rises in early trading, levels to watch
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| 09:39 EDT | | AAPL | Active equity option families trading
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