AAPL Jun 2025 240.000 call
| Previous close | 12.89 |
| Open | 13.37 |
| Bid | 13.60 |
| Ask | 13.85 |
| Strike | 240.00 |
| Expiry date | 2025-06-20 |
| Day's range | 12.65 - 14.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 13.15k |
- Yahoo Finance Video
Apple, Warner Bros. Discovery, Disney: What's next for the stocks?
Yahoo Finance Executive Editor Brian Sozzi and Catalysts Host Madison Mills sit down with Goldman Sachs senior equity research analyst Michael Ng at the Goldman Sachs Communicopia and Tech Conference to discuss the state of media and tech companies, from Apple (AAPL) to Disney (DIS). On Monday, Apple (AAPL) unveiled its newest product offerings at its highly anticipated "It's Glowtime" event in Cupertino, California. Ng explains that the event "delivered in line with investor expectations," noting that historically, the company has underperformed the S&P 500 by 70 basis points on announcement days, and following the event, it underperformed by about 100 basis points. "We think that was in line with historical events. And when you look at the individual product announcements, it came in mostly as expected," he adds. Ng reiterates his Buy rating on Apple, arguing that "there's an underappreciated uplift in their normalized earnings power as more people start to upgrade their iPhones." He continues, "We think that investors have historically thought about Apple iPhones at a normalized sell-through rate at about 225 to 230 million units. And we think that AI and some of the new product features that are going to get rolled out over the next few years is going to bring that normalized run rate closer to 250 to 260 million." While there is debate among investors as to whether AI will be the demand driver for Apple, Ng is bullish on the technology. He also highlights that hardware changes will also drive an upgrade cycle as screen sizes increase, devices become thinner, and rumors that the iPhone 18 may potentially be foldable. Turning to Warner Bros. Discovery (WBD), Ng believes that the company is managing its video business holistically. "The linear TV network business is certainly having challenges. Cord cutting is unrelenting, and paid TV subscriber declines will continue to occur. That being said, it's an incredibly cash-generative business and it helps to fund growth investments elsewhere in the Warner Brothers portfolio," he explains. He points to momentum in its streaming platform Max, and argues that "there's a crown jewel in the Warner Brothers film and television studio." Meanwhile, Ng believes that one of Disney's (DIS) biggest challenges will be its succession planning. Investors have praised the company's growth under CEO Bob Iger, and Ng notes that before Iger's return to the company, Disney faced "a few missteps," especially in its film and TV divisions. "I think there's a tremendous amount of focus on what that succession planning looks like. One observation that I'll make is that they have an incredibly deep bench of talented executives across each of their business lines, theme parks, film and TV studios, and obviously at ESPN," Ng tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
- Yahoo Finance Video
Apple upgrade cycle: It's more than the iPhone 16, analyst says
After Apple (AAPL) held its "It's Glowtime" event on Monday, unveiling the new iPhone 16 along with next generation AirPod and Apple Watch devices. Bank of America senior IT hardware analyst Wamsi Mohan joined Seana Smith and Brad Smith on Catalysts to discuss the how the enhancements to health, safety, and convenience features could expand the Apple ecosystem. "Absolutely, we're broadening out the ecosystem here with a bunch of new products," Mohan said, highlighting the health and fitness features of the new Apple Watch and AirPods. "The number of applications that you're seeing is starting to broaden out, which brings in new users into the ecosystem, and that's not even including the phone," the analyst noted. "We have to look at the wow factor a little bit differently this cycle," Mohan said, indicating that while the iPhone maker didn't announce "a killer app" at Monday's event, users may upgrade viewing the new devices as a "productivity enhancing tool" with software updates to follow. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Apple Intelligence: The real reason to wait for the iPhone 17?
Apple (AAPL) hosted its "It's Glowtime" launch event on Monday, unveiling the new iPhone 16 lineup alongside updated Apple Watches and AirPods. Needham senior media & internet analyst Laura Martin joins The Morning Brief to share her insights on what was showcased in Apple's next generation of devices. Martin expresses skepticism about the iPhone 16, suggesting that consumers might want to hold off on purchasing. She states it's "just too early" for this release, noting the absence of a key feature many are anticipating: Apple Intelligence. As a result, she believes "there's no compelling reason" for consumers to buy a new iPhone, advising them to wait for the iPhone 17 instead when Apple's AI software will be more developed. "It's got new colors, and it's thinner, and it's made of titanium, and the camera's better — as it is every year," Martin states, ultimately calling the new model "not that interesting." However, Martin commends Apple's focus on health benefits in the Apple Watch Series 10 and new AirPods, highlighting features that track conditions like sleep apnea and hearing loss. Martin sees this health-centric approach as "a really competitive advantage" for the tech giant, noting that it encourages users to rely more heavily on their Apple products and remain within the Apple ecosystem. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
