Morgan stanley wealth management

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio. In a note to investors seen by AppleInsider , analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter. "Our recent conversations suggest investors expect Apple to release solid, but not great, December quarter results," Huberty writes. "We disagree and believe that Apple is likely to report all-time record quarterly revenue and earnings." The analyst expects Apple to report double digit year-over-year growth across all five of its revenue segments, with some … [Read more...] about Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

Morgan Stanley has raised its AAPL price target to $164 on blockbuster Apple December quarter results, and said that products like the iPhone could see continued strength in the second quarter. In a note to investors seen by AppleInsider , Morgan Stanley analyst Katy Huberty said that some of the highlights of Apple's Q1 2021 earnings report were "faster iPhone share gains, installed base growth, and services monetization." Those factors, along with a refreshed product lineup and a continued remote education and learning environment, hint at strong double-digit growth over the next several quarters, Huberty said. Other key metrics support an overall faster growth outlook in the long term. They include an acceleration in Apple's installed base growth — from 7% to 10% — and services monetization, as well as a recovery in China. The analyst adds that Apple's gross margin of 39.8% was 160 basis points higher than she modeled. Guidance suggesting upcoming March … [Read more...] about Morgan Stanley raises AAPL to $164 on Q1 2021 results, says Q2 outlook is strong

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley is "increasingly bullish" about the iPhone 12 cycle and has hiked the target Apple stock price, because of better-than-expected sales performance in China, stable build numbers, and other positive data. In a note to investor seen by AppleInsider , lead analyst Katy Huberty writes that the iPhone 12 is "surprising to the upside in China." The trend comes after months of supposed smartphone weakness in China. The analyst estimates that iPhone shipments are up around 40% year-over-year in China in the quarter to date. That's based on smartphone shipment information released by the Chinese government. Since it doesn't break out Android versus non-Android devices, the percentage of smartphones sold in China that are iPhones is an estimate. Total … [Read more...] about Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China

The keys to making your wealth work harder By Brian Spence Brian Spence Cash and property have historically been the go-to ways for Vietnamese people to hold their wealth, but they are increasingly waking up to the need to make their wealth worker harder. As a lifelong financial adviser, it’s really heartening to see the strength of Vietnam’s savings culture. Yet the manner in which many people are still choosing to hold their wealth does cause me concern – and often outright alarm. Keeping the bulk of your wealth in cash - or even that old stalwart, property – are far from the most effective ways to make the most of your wealth. Moreover, they can be incredibly dangerous. I regularly hear of individuals literally keeping cash in their attics, with scant regard for the very real risk of theft or loss. The prospect of someone losing the fruits of all their life’s labour in one fell swoop doesn’t bear thinking about. Putting money in the bank is a far safer option … [Read more...] about The keys to making your wealth work harder

Investment bank Morgan Stanley calls recent reports of weaker iPhone demand "supply chain noise," and sees the AAPL pullback as a buying opportunity for investors. In a note to investors seen by AppleInsider , analyst Katy Huberty says she agrees with reports of iPhone 12 mini weakness, but adds that the overall demand environment remains positive for the iPhone 12 and iPhone 12 Pro lineup. For one, she cites reports that Apple is cutting iPhone production to 75 million units in the first half of 2021. Although Huberty admits this has contributed to recent AAPL underperformance, she says the news is "noise rather than anything that impacts the fundamental outlook." A recent Morgan Stanley check indicated that there's between three million and five million units of total iPhone build upside risk for the first half of 2021. That's because the bank's research indicates that build orders for specific iPhone 12 and iPhone 11 models are being revised up, not … [Read more...] about iPhone demand weakness just ‘noise,’ outlook remains strong, analyst says

For long-term investors, it is a good time to buy By Ngoc Tran Le Hong Lien, head of Institutional Research at Maybank Kim Eng Securities HCMC - The Vietnamese stock markets is in a roller-coaster rideas volatility is back, but for Le Hong Lien, head of Institutional Research at Maybank Kim Eng Securities, it is still a good time to buy, especially for long-term investors. The Saigon Times spoke with Lien. The Saigon Times: A few days ago, the Fed raised the U.S. interest rates again, and now we are feeling its impact. Most local stocks are down. Will this impact continue into 2019 or is it merely short-lived? - Le Hong Lien: Fairly speaking, the VN-Index (of the Hochiminh Stock Exchange) had edged up over the past few days. I attribute that more to some expectation that there would be some positive movement of the VN-Index itself towards the end of the year, especially when the Government continues to provide quite a positive guidance to next year of … [Read more...] about For long-term investors, it is a good time to buy

Selling your business successfully: A five-step formula By Brian Spence Brian Spence Having worked hard to build up a successful business, you can’t let your focus slip when gearing up to sell it: your long-term security depends on it. Brian Spence, wealth management and M&A advisor, explains some vital considerations. There’s a lot of advice around on how to build a successful business, but a lot less about successfully selling one. But this is what all your hard work has been for, so how do you ensure that your exit is as fruitful as you dreamed when you began? 1. First, have the right insurance and succession plans in place Insurance and succession plans are very often overlooked by busy entrepreneurs, but savvy ones must take care of these basics, particularly those with families relying on a business for their financial security. The illness or death of a director, other key employee, or even God forbid yourself, could lay waste to the value of a … [Read more...] about Selling your business successfully: A five-step formula

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini , while Apple has charged Foxconn with making more of the iPhone 12 Pro series. Despite recently expanding its manufacturing capacity, Pegatron was already facing a slowdown in orders from Apple over its alleged student labor violations. Now it has also seen a reduction in orders, with Apple reportedly requiring fewer of the iPhone 12 mini. According to Digitimes , Pegatron has seen a slowdown in orders for the smallest iPhone, blamed on the coronavirus affecting demand in the US and Europe. Citing unnamed market observers, Digitimes separately reports that Foxconn has received an increase in orders for its production of the iPhone 12 Pro and iPhone 12 Pro Max . … [Read more...] about Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro

Lawmakers yesterday weighed in on the draft amendment to the corruption law, debating whether to apply a 45 per cent tax on extra personal income that public servants fail to declare.— Photo quochoi.vn HÀ NỘI — Lawmakers yesterday weighed in on the draft amendment to the corruption law, debating whether to apply a 45 per cent tax on extra personal income that public servants fail to declare. The National Assembly (NA)’s Standing Committee spent the morning looking over the draft law, which is due to be voted on late this year. The tax in question was one of two main solutions proposed by the Government Inspectorate to aid the fight against corruption. The other was to levy an administrative penalty worth of 45 per cent of the unreported assets. According to current regulations, all senior public officers and officials have to declare their wealth on a yearly basis. NA Judicial Committee chairwoman Lê Thị Nga, however, said that the Government was unable to track and … [Read more...] about NA talks undeclared income

Shinhan Bank opens four new branches The Saigon Times Daily Shinhan Bank representatives cut the ribbon to open new branches and transaction offices on August 15. Shinhan Bank has inaugurated four new branches and transaction offices in the cities of Danang, Hanoi and Haiphong and in Binh Duong Province – PHOTO: SHINHAN BANK HCMC – Shinhan Bank Vietnam Limited, or Shinhan Bank, has inaugurated four new branches and transaction offices in the cities of Danang, Hanoi and Haiphong and in Binh Duong Province. The Danang branch is located in Hai Chau District in Danang City, the Trang Due Transaction Office is in Haiphong City’s An Duong District, the My Ding Transaction Office is in Nam Tu Liem District in Hanoi City and the Binh Duong New City branch is situated in Binh Duong Province’s Thu Dau Mot City. The Danang branch is Shinhan Bank’s first in the central region following the opening of branches and transaction offices in the northern and southern parts of the … [Read more...] about Shinhan Bank opens four new branches