RUMOR MILL
Tuesday, January 26, 2021
A RIPE APPLE
A day ahead of its quarterly results announcement, Apple stock opened at an all-time high of $143.60. Analysts are saying “buy.”
The effects of the pandemic are expected to have helped every segment of the Cupertino company as plenty of home offices received upgrades in the last three months of 2020 and the stay-at-home crowd is pushing the services unit to new heights.
Services, the unit that houses Apple Music, iTunes and Apple’s video offerings, is expected to top $15b in the quarter, a spike of nearly 20%.
Barron’s reported that Cowan has upped its target price to $153, Morgan Stanley has it at $152 and Loop Capital has pushed it to $155. A year ago, the stock was just under $80 a share.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
