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Is Cisco Systems (CSCO) a Quality Buy for August?

Shares of Cisco Systems (CSCO) have recently been upgraded by a J.P. Morgan analyst, along with an increase in price target. So, is this the right time to load up on CSCO shares? Let’s evaluate some of its key financial metrics to gauge its prospects.

What To Expect From Apple's Upcoming Earnings Report

What To Expect From Apple's Upcoming Earnings Report

All eyes will be set on the earnings of tech heavyweights including Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) this week.

Here's Why JPMorgan Trimmed Apple's Earnings Outlook

Here's Why JPMorgan Trimmed Apple's Earnings Outlook

JPMorgan analyst Samik Chatterjee sees consumer spending restricting the upside expectations from Apple Inc's (NASDAQ: AAPL) launch of the iPhone SE3 and will likely limit the magnitude of upside to iPhone 13 and App Store revenue in Services. Chatterjee trimmed earnings forecasts for Apple, led by a "modest haircut" to revenue growth estimates for iPhone and…

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JPMorgan Remains Bullish On This Chipmaker Despite Slashing Price Target By 15% - Read Why

JPMorgan analyst Samik Chatterjee lowered the price target on Qualcomm Inc (NASDAQ:QCOM) to $205 from $240 (39.5% upside) and kept an Overweight rating on the shares. The analyst moderated earnings estimates for Qualcomm, primarily led by a change to his QTL revenue estimates and slight moderation in both QCT revenue and margins. These changes' net…

JP Morgan Drops Apple, Qualcomm from Top Picks as Tech Demand Slows

Slowing demand for smartphones is likely to hit growth at Apple and chipmaker Qualcomm, analysts at J.P.

Asharq Al-Awsat

Why This Apple, Qualcomm Analyst Says The Stocks Are Vulnerable To Shift In Consumer Spending

Apple, Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) are among the high-profile tech names that have consistently delivered due to superior fundamentals and strong market positioning.

Here's How Analysts View Apple's Latest Products, Services

Analysts tried to gauge the impact of Apple Inc's (NASDAQ:AAPL) products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023. Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple…

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What Do The Lead Times For Apple's New iPhone SE Tell Us About Demand?

What Do The Lead Times For Apple's New iPhone SE Tell Us About Demand?

Read Why JP Morgan Sees Apple Poised For Upside

Read Why JP Morgan Sees Apple Poised For Upside

Apple Inc (NASDAQ: AAPL) is poised to see "upside" if it can execute and show the growth that it saw in its fiscal first quarter, according to J.P. Morgan analyst Samik Chatterjee.

JPMorgan Analyst Notes China Impact On Apple iPhone Shipments

JPMorgan Analyst Notes China Impact On Apple iPhone Shipments

JPMorgan analyst Samik Chatterjee noted that the China Academy of Information and Communications Technology disclosed that international shipments tracked at 7.3 million for January beat the historical average of 4.8 million shipments for the month and "the highest shipments for the month of January since 2015."

JPMorgan Sees Sharp Upside In Qualcomm, Thanks To Apple

JPMorgan Sees Sharp Upside In Qualcomm, Thanks To Apple

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating on Qualcomm Inc (NASDAQ:QCOM) with a $225 price target, ahead of the company's fiscal Q1 results. The price target implies an upside of 28%. The analyst sees a favorable setup saying Apple Inc's (NASDAQ:AAPL) print points to solid demand for Qualcomm's largest customer. The combination of supply chain easing,…

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