Mohan reiterated his Neutral rating for Apple stock. He raised his share-price forecast to $173 from $168 based on a higher valuation due to rising multiples in the general stock market.

However, Apple said iPhone revenues came in at $26.44 billion, down more than 20.7% from last year and just off the Street forecast of $26.5 billion thanks in part to the late launch of the iPhone 12.

Apple has reached a US$490 million tentative settlement to resolve allegations that in late 2018, the company misrepresented ...

Goldman Sachs analyst Rod Hall took aim on Tuesday, justifying a ‘Sell’ rating and $85 target, noting “Apple’s miss/beat track record is mixed, with the company failing to meet consensus ...

ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on ...

March 15 (Reuters) - Electronic components maker Jabil Inc JBL.N, which is a key Apple AAPL.O supplier, cut its full-year forecasts on Friday due to slowing demand for 5G technology, renewable ...

Cloudy with a high of 52 °F (11.1 °C) and a 40% chance of precipitation. Winds variable at 7 to 14 mph (11.3 to 22.5 kph). Night - Cloudy with a 55% chance of precipitation. Winds variable at 6 ...

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While earlier forecasts predicted heavy cloud coverage and lousy weather for the Big Apple on Monday, New Yorkers will be in “pretty good shape” to feast their eyes on the historic solar eclipse.

Night - Clear. Winds variable at 6 to 7 mph (9.7 to 11.3 kph). The overnight low will be 47 °F (8.3 °C). Sunny with a high of 84 °F (28.9 °C). Winds variable at 6 to 14 mph (9.7 to 22.5 kph ...