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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

Students are trained in hospitality at a REACH classroom. – Photo reach.org.vn Viet Nam News HÀ NỘI (VNS) –– Some 800 disadvantaged youth nationwide will get free training in job-ready skills by the local vocational training organisation REACH. The programme has been launched under a renewed partnership between REACH, a Vietnamese non-profit organisation, and the global financial services firm J.P. Morgan. The partnership, which was announced at the inauguration of REACH’s new training facility in Hà Nội’s Nam Từ Liêm District on Tuesday, targets reducing the unemployment rate among the Vietnamese youth. Last year, a pilot programme successfully trained 760 disadvantaged youth, which led to over 85 per cent landing stable jobs. “We want to expand the opportunities available to Việt Nam’s youth, particularly those from disadvantaged backgrounds, by scaling effective work readiness programmes,” Đỗ Thu Ngân, J.P. Morgan’s senior financial officer, said. Established in 2004 … [Read more...] about REACH, J.P. Morgan partner to tackle youth unemployment

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

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

Meet Simone, our latest and greatest WordPress release. Named for the legendary performer Nina Simone, who is known for tunes like “Feeling Good”, “Young, Gifted and Black”, and “Four Women”. Fire up a playlist with her best work and read on to discover what we have in store for you. Welcome to WordPress 5.6 Sharing your stories has never been easier. WordPress 5.6 brings you countless ways to set your ideas free and bring them to life. With a brand-new default theme as your canvas, it supports an ever-growing collection of blocks as your brushes. Paint with words. Pictures. Sound. Or rich embedded media. Greater layout flexibility Bring your stories to life with more tools that let you edit your layout with or without code. Single column blocks, designs using mixed widths and columns, full-width headers, and gradients in your cover block—make small changes or big statements with equal ease! More block patterns In some themes, preconfigured block patterns make setting … [Read more...] about WordPress 5.6 “Simone”

PM thanks US Viet Kieu for their important role (25-06-2008) Prime Minister Nguyen Tan Dung with staff from the Vietnamese Embassy in the US and overseas Vietnamese residents in Washington. — VNA/VNS Photo Duc Tam Washington — Overseas Vietnamese residents, or the Viet Kieu as they are known in Vietnamese, were an indispensable part of the Vietnamese nation, PM Nguyen Tan Dung, said in the American capital on Monday. Dung said they played an important role in strengthening friendship with the people of their new homelands. Speaking at a meeting with Vietnamese residents in the United States at the Vietnamese Embassy in Washington, he said the Vietnamese Government was drafting new policies to encourage them to visit the fatherland for business and to buy homes. To encourage this move and make it easier for overseas Vietnamse, Dung said the Government was also drafting a policy on dual citizenship for overseas Vietnamese. After briefly outlining … [Read more...] about PM thanks US Viet Kieu for their important role

Chairman An solidifies Viet Nam-UK relations (23-03-2005) Chairman An and the UK deputy PM John Prescott meet in London. — VNA/VNS Photo Tri Dung LONDON — The Viet Nam National Assembly will support the Vietnamese Government’s effort to develop its ties with the UK, especially economically, said National Assembly Chairman Nguyen Van An yesterday. The NA Chairman made his comments to the UK Deputy Prime Minister and First Secretary of State John Prescott at a reception in London. An also said that Viet Nam provides fair opportunities for British companies and creates incentives for these companies to have a long-term presence in Viet Nam, said An. An also briefed the participants on the state of the country’s socio-economic development last year and its tasks this year. He expressed gratitude for the support and assistance Viet Nam has received from the UK Government and its people, especially in the fields of poverty reduction, education and … [Read more...] about Chairman An solidifies Viet Nam-UK relations