Shaw Wu

Analyst: Apple is ‘leaving money on the table’ by not pursuing phablets

Christian Zibreg ∙ Updated March 29, 2017

With half the respondents voting for an Apple phablet in our non-scientific poll and the growing number of pundits making the case for a 5+ inch form-factor iOS device, little wonder that analyst are joining the fray and calling for a jumbo-sized iPhone. A good example is Sterne Agee's Shaw Wu, who opines that Apple is losing out by not pursuing a phablet of its own.

We're not sure what to make of this. Apple under Steve Jobs stubbornly stuck with the '3.5 inch fits all' philosophy. With the iPhone 5, four inch became the new 3.5 inch. But with the growing number of users yearning for an even larger iPhone and with ten million Galaxy Notes shipped in 2012 and another ten million expected in 2013, maybe analysts are right...

Are analysts responsible for AAPL decline?

Ed Sutherland ∙ Updated April 10, 2018

So... Exxon passed Apple to reclaim the title of the World's Most Valuable Corporation. But how much did Wall Street's prognosticators have to do with Apple's drop in value following its earnings report earlier this week?

While investors realize the company is facing stiff competition and potentially lower profits, a number of financial observers were way off in the predictions ahead of Wednesday results. Indeed, while Apple reported $54 billion in fourth-quarter revenue, analysts had forecast between $51.7 billion and $65.69 billion.

According to Fortune, some analysts were up to 17 percent wrong, while some well-known Wall Street Apple watchers came within 3 percent of the iPhone maker's final numbers. Partially as a result of such wildly-varying forecasts, Apple is changing the way to releases its revenue guidance...

Analyst: remember Steve – Apple’s best days lie ahead

Ed Sutherland ∙ January 17, 2013

A Wall Street analyst Wednesday gave investors a pep talk, invoking the words of the late Apple CEO Steve Jobs to point out the iPhone maker is hardly ready to head for the exit. Instead, Topeka Capital Market analyst Brian White issued a record target price for a stock battered by negative headlines.

"The negative sentiment around the stock has reached epic levels that we haven't seen in recent memory and yet we believe [Apple's] product portfolio has never been stronger", White said in an investment note. He also quoted Jobs in response to naysayers who recently came out of the woodwork spelling doom for Apple...

Analysts cut AAPL target price average to $740

Ed Sutherland ∙ Updated March 19, 2019

All of the concerns voiced about the impending leap off the 'fiscal cliff' and its associated increase in capital gains taxes on stock sales have sent Wall Street into a tizzy. The end result: knocking Apple's target share price down to $740. Nearly a dozen analysts have cut their target price for Apple stock amid talk that the iPhone maker has a dodgy future, what with supply questions hanging over the executives at One Infinity Loop. Despite all the rain clouds, the $740 per share target price reduction is about $225 more than Friday's opening on Wall Street...

Analyst projects higher iPhone sales, cannibalized iPad purchases

Ed Sutherland ∙ Updated April 14, 2018

As we enter the last weeks of December, Wall Street analysts are adjusting their forecasts for Apple and its keystone products, the iPhone and iPad.

Sterne Agee's Shaw Wu Wednesday told investors increased supplies of the iPhone 5 likely means more sales, while tablet buyers are shifting toward the iPad mini, resulting in slightly fewer sales overall.

After talks with supply chain sources, Wu expects Apple to sell this quarter 47.5 million of the new handsets, up from his earlier projected 47.3 million units. As for iPads, the analyst trimmed his sales forecast to 23.5 million, down from 25 million. In both cases, supply was the critical factor...

Improving iPhone 5 production expected to increase Apple’s profits

Ed Sutherland ∙ December 4, 2012

The picture appears brighter for Apple's iPhone 5. Not only is the new smartphone easier to find in stores, it's also the top searched for gadget in 2012 and looks to be off to a great start in China. Now, improving supplies is reducing cost and increasing profitability for Apple, one analyst said Tuesday. A smoother supply chain has meant shipping time cut in half to just two days, down from four. Additionally, the improvements come as Apple preps to offer its handset in more than 50 countries during December...

Apple catching up to iPhone 5 demand at US Apple Stores

Ed Sutherland ∙ November 9, 2012

After Foxconn admitted to falling behind iPhone 5 orders, it seems that supply of Apple's popular handset is finally catching up with demand. That's the word from one veteran Apple watcher who told investors Friday that inventory of the smartphone at Apple's brick-and-mortar stores are at their highest level yet. For the first time, availability of iPhone 5 models for AT&T, Verizon and Sprint customers topped 20 percent.

The iPhone 5 version for Sprint remains the most available, with 84 percent of Apple Stores reporting inventory for that model. The AT&T version followed with 54 percent and Verizon with 24 percent, according to a Wall Street survey conducted by Piper Jaffray's Gene Munster...

Analyst: iPhone 5 availability improving, 46.5M iPhones sales in December

Ed Sutherland ∙ November 8, 2012

The future is looking up for consumers hoping to lay their hands on an iPhone 5. After doubts arose over whether suppliers could meet high demand for Apple's new handset, a Wall Street observer told investors Thursday the situation has "much improved" since September. Stern Agee analyst Shaw Wu believes the Cupertino, California company will sell 46.5 million smartphones in the December quarter, a huge increase from September's 26.9 million iPhones shipped...