The trade war will be a 'pain' for Apple's earnings, Nomura Instinet says, cutting estimates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Nomura Instinet lowered its price target on Apple shares, citing a coming 'trade strain' on the company's earnings.

Apple CEO Tim Cook attends the annual session of China Development Forum 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018.shares to $175 from $180 on Friday, citing a coming "trade strain" on the company's earnings.

Nomura Instinet reduced its estimate for Apple's 2019 earnings to $11.39 a share, down from $11.50 a share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤔🤔🤔

Pay more please for your iPhone soon ya. Nothing are made fully in u s. Stop blaming others. American has dark history too. Don’t be that naive

Bigger paint in the ass. Soon. .

So now, they’ll be worth a little less then a trillion dollars? Wah.

Here a ideal. Start making your product here.

Cook really needs to do well with service and steaming now

maybe so but necessary, Go Trump !!

there goes 10,000% profit margins on their dongle business

Pain? Figure it out.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to watch today: Stocks bounce, Trump jawbones China on trade, Supreme Court rules against AppleU.S. stock futures point to gains at the Wall Street open but would only make up a fraction of Monday's steep losses. This stock market is turning into an alternate daily experience. So, today is the 'Up Day'. Why Would Any Smart Person Be Even Playing In The Stock Market Right Now? HAHAHAHAHHAHAHAHA
Source: CNBC - 🏆 12. / 72 Read more »

Apple is the 'poster child' for trade tensions and if its stock bounces, so could marketSome traders believe when Apple bounces, so will the market. The fearful dumb money sold last week as the smart money is buying this week
Source: CNBC - 🏆 12. / 72 Read more »

Apple stock is 'cheap' compared to the broader market and its peers, Bespoke's Paul Hickey saysNew report finds Apple stock is 'cheap' relative to broader market and its peers (via CNBCFuturesNow) TradingNation Still too many $AAPL haters! $BRK Apple TradingNation Yep TradingNation The average of the US Corporate AA yields suggests that you should be willing to pay 23 times earnings. $AAPL is trading at 17.1 times earnings which is a 35% upside. The average PE ratio in the past 10 years has been 25 times earnings. Apple is a wonderful company! Own it!
Source: CNBC - 🏆 12. / 72 Read more »