Mohan has a neutral rating on Apple shares, although he lifted his price objective to $210 from $190 in Wednesday’s report. Stock Market Quotes, Business News and Financial News from the leading provider, wholly-owned subsidiary of Dow Jones & Company, Inc. See also: Apple has a juicy $40 billion opportunity ahead of it “We expect every hardware category to be down” on a year-over-year basis in the June quarter, he wrote in a Wednesday note to clients, while in the September quarter, “the timing of launch of iPhone, tougher compares on Mac (easier on iPad) create a backdrop for product to decline again.” He said that not only does Apple face the potential of a later iPhone launch relative to last year’s cadence, but the company is also dealing with broadly sluggish consumer demand. Mohan noted that his forecast assumes a decline in revenue relative to the $90.1 billion seen in last year’s September quarter, while consensus expectations imply a small increase. In this video, I show you how to play (and win) the MarketWatch stock market game. ![]() Apple didn’t immediately respond to a MarketWatch request for comment about the possibility of a launch delay. 16, and the iPhone 14 Plus hit stores on Oct. Last year, the iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max rolled out on Sept. Read: Apple has an AI chatbot up its sleeve, report says The FactSet consensus is for $90.3 billion. He is baking “minimal” sales of new iPhone 15 models into his overall September-quarter revenue projections, which now stand at $87.1 billion. Check your account status, create a vacation hold, update your address, renew your subscription, report a missed delivery and find support for other customer service issues. Create a customized game, or join one of >40,000 games already in play to test your investing prowess against other players. Register and immediately receive 100,000 in virtual cash and get access to all the helpful lessons and videos in our Education Center. Virtual Stock Exchange from MarketWatch is a trading simulation game with realtime pricing for your virtual portfolio. You’ll be able to trade stocks from your virtual portfolio and strategize in real-time with other members in the discussion groups provided for your game. ![]() That said, Mohan thinks the company’s outlook may be affected by a delay of the iPhone 15 launch by “a few weeks,” something his industry checks suggest. We offer a free stock market game featuring real-time stock prices and rankings that allows users to learn about the stock markets and practice investing in stocks, ETFs, bonds, and mutual funds. Simulator 3 Market Watch Market Watch users can trade stocks, make money, and compete against friends to earn a place on the leaderboard. See also: Apple appears to be making rapid inroads in buy-now-pay-laterĪpple’s forecasts are a bit harder to parse these days: The company hasn’t offered true quantitative financial guidance since the pandemic began, instead opting for vague commentary on expected relative performance.
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