#samik chatterjee

[macdailynews]

Apple stock surges ahead of key holiday earnings report

Apple’s stock rose notably on Monday as investors looked ahead to the company’s fiscal first-quarter earnings report, buoyed by renewed optimism from Wall Street, Mackenzie Tatananni reports for Barron’s. J.P. Morgan analyst Samik Chatterjee lifted his price target on Apple shares to $315 from $305, while keeping an Overweight, or Buy, rating on the stock. The upgrade reflects Chatterjee’s view…

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[macdailynews]

JPMorgan boosts Apple price target to $315 ahead of earnings, citing strong iPhone 17 demand

Apple’s iPhone 17 JPMorgan has raised its price target on Apple stock to $315 from $305, maintaining its overweight rating, as the bank expresses optimism about the company’s upcoming fiscal first-quarter earnings report. The new target implies about 27% upside potential from recent trading levels. Analyst Samik Chatterjee highlighted strong demand for the iPhone 17 as a key driver, expecting…

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[macdailynews]

JPMorgan ups Apple target price to $265 on AI-powered hardware upgrade cycle

JPMorgan analyst Samik Chatterjee has reaffirmed his bullish stance on Apple, upgrading the stock’s price target to $265 from $245. Chatterjee believes Apple is poised for a hardware upgrade cycle driven by artificial intelligence advancements. He expects the upcoming fiscal Q3 report to provide further evidence of this potential growth trajectory. Patrick Seitz for Investor’s Business…

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[macdailynews]

J.P.Morgan expect AI to power 'significant acceleration' of Apple's iPhone replacement cycle

J.P. Morgan analyst Samik Chatterjee views Apple’s “presentation at WWDC to ‘tick all the boxes’ to convince investors that Apple is able to differentiate iPhone 16 (and future generations) with AI features relative to iPhone 15.” The analyst foresees a “significant acceleration” of the iPhone replacement cycle due to new AI features requiring the latest hardware. Philip Elmer-DeWitt for Apple…

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[macdailynews]

Apple iPhone 14 Pro supply recovers after shortages - analyst

Apple iPhone 14 Pro supply recovers after shortages – analyst

A Wall Street analyst said Tuesday that Apple appears to have finally recovered from shortages that reduced the availability of iPhone 14 Pro models during the Christmas shopping season. Apple’s iPhone 14 Pro and flagship iPhone 14 Pro Max Patrick Seitz for Investor’s Business Daily: JPMorgan analyst Samik Chatterjee said his firm’s channel checks indicate an improved supply of premium models of…

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[macdailynews]

JPMorgan: New Apple iPhones and Apple Watches are off to impressive start

JPMorgan: New Apple iPhones and Apple Watches are off to impressive start

According to various analyst notes, demand for Apple’s iPhone 14 series and Apple Watch Ultra appear to be strong. JPMorgan analyst Samik Chatterjee also sees a favorable iPhone mix as demand leans toward Apple’s new iPhone 14 Pro and flagship iPhone 14 Pro Max. Apple Watch mix looks strong as well, with demand high for Apple Watch Ultra. Apple Watch Ultra Brian Sozzi for Yahoo Finance: In a note…

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[macdailynews]

Apple Fitness+ annual revenue could hit $3.6 billion by 2025 -J.P. Morgan

Apple Fitness+ annual revenue could hit $3.6 billion by 2025 -J.P. Morgan

J.P. Morgan analyst Samik Chatterjee estimates that the annual revenue of Apple Fitness+ could hit $3.6 billion by 2025. With watchOS 9, Fitness+ workouts now show on-screen guidance in addition to trainer coaching to help users get the most out of workouts, and subscribers can view these and all their personal fitness metrics on compatible third-party TVs and devices. Mike Peterson for…

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[macdailynews]

Analyst: Apple TV+ can hit 100 million paid subscribers by 2025

Analyst: Apple TV+ can hit 100 million paid subscribers by 2025

While Apple hasn’t disclosed the number of Apple TV+ subscribers, and, of course, the service is still well inside its first year, during which buyers of new Macs, iPhones, iPads, Apple Watches, and Apple TVs get a full year of Apple TV+ for free, usage estimates peg the subscriber total somewhere between 10 million and 40 million.

Apple TV+ is home to the biggest directors and top stars

Eric J.…

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