Wamsi Mohan

The iPhone is back. Apple Inc. (NASDAQ: AAPL) posted record revenue on a return to strength in sales of its signature smartphone, returning to profit growth in the first quarter after several quarters of slumping sales that had many wondering whether the iPhone had peaked and Apple might need to...

Apple Inc. (NASDAQ: AAPL) is expected to report strong fiscal first-quarter results when it reports Jan. 28, but further upside from then on is uncertain, according to BofA Securities. The Analyst Wamsi Mohan reiterated a Buy rating on Apple and raised the price target from $330 to $340. The Thesis...

IBM (NYSE: IBM) reported better-than-expected fourth-quarter results and also issued upbeat earnings forecast for fiscal year 2020. This is a turnaround from the third quarter, when it missed the consensus revenue estimate. The Analysts BofA Securities analyst Wamsi Mohan reiterated a Buy rating...

Apple Inc.'s (NASDAQ: AAPL) latest iPhone is still generating excitement a couple months after its fall release, leading two sell-side analysts to boost price expectations on the stock. The Analysts RBC Capital Markets analyst Robert Muller raised the price target on Apple from $295 to $330 and...

Hewlett Packard Enterprise Co (NYSE: HPE) is scheduled to hosts its 2019 Securities Analyst Meeting in New York on Wednesday and provide guidance for fiscal 2019 and 2020. The company seems poised to generate revenue growth, gross margin expansion and double-digit EPS and free cash flow growth in...

IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...

While Apple Inc. (NASDAQ: AAPL) watchers zoned in Cupertino’s new iPhone and Apple TV+ unveil, reaction from analysts was a bit muted, though generally positive, with most saying the company did the expected with upgrades of existing products. One excited exception was for the unexpectedly...

Nutanix, Inc. (NASDAQ: NTNX) shares continued to soar Thursday after a stronger-than-expected quarter and more confident guidance, but much of the sell-side remained cautious as it transitions from a hardware business to one selling software subscriptions. The company reported continued losses and...

All-flash data storage hardware and software company Pure Storage Inc (NYSE: PSTG) reported second-quarter results Wednesday that were highlighted by a top-and-bottom line beat and upside to product revenue, billing, and gross margins. While management revised its full-year revenue...

Apple Inc. (NASDAQ: AAPL) is the “poster child” for companies hit by the U.S.-China trade war, and new tariffs announced by President Donald Trump will weigh on shares, but Cupertino should be able to weather the cost increases the new tariffs will likely bring, analysts said. It might...

Apple Inc (NASDAQ: AAPL) impressed analysts with revenue from iPhone sales and a return to growth in China, although both figures came in lower than last year. Apple reported total revenues of $53.8 billion, beating Wall Street's $53.3 billion estimate. Earnings per share of $2.18 beat the...

U.S. President Donald Trump and Chinese President Xi Jinping agreed not to impose additional trade war tariffs on each other at the G-20 summit in Japan over the weekend, and experts say Apple, Inc. (NASDAQ: AAPL) is one of the biggest winners from the trade war truce. Apple and other U.S. stocks...

Apple Inc. (NASDAQ: AAPL)’s response to increased competition and slowing iPhone sales is about the apps, analysts said after the company’s Worldwide Developers Conference presentation. Most of the news out of Monday's conference was about unique software features and making things...

Dell Technologies Inc (NYSE: DELL) shares plunged more than 12 percent on Friday after the company reported mixed first-quarter earnings. Dell reported adjusted EPS of $1.45, exceeded consensus analyst estimates of $1.16. Revenue of $21.9 billion was up 3 percent from a year ago, but came up short...

Hyperconverged infrastructure software vendor Nutanix Inc (NASDAQ: NTNX) reported a third-quarter revenue miss and issued below-consensus fourth-quarter guidance Thursday, sending shares to their lowest level in more than one-and-a-half years.  The Analysts Bank of America Merrill Lynch...