Bernstein Upgrades Apple $AAPL to ‘Outperform’ with Bullish Outlook on iPhone 16 Cycle and China Resilience

AAPL surged by 3.10%, showcasing robust relative strength after Bernstein’s upgrade, which highlights “Replacement cycle tailwinds & incremental next-gen AI features setting up Apple favorably […]

Apple’s Market Share Declines in China Amidst Intense Smartphone Competition

In the first quarter of 2024, Apple experienced a decline in its market share in China, with its shipments dropping by 6.6%. Revenue from iPhone […]

Philippine SEC Requests Google and Apple to Remove Binance Apps Amid Security Concerns

The Philippine Securities and Exchange Commission (SEC) has formally requested Google and Apple to remove Binance’s applications from their app stores. This action stems from […]

Apple’s First Quarter Phone Sales in China Decline by 19.1%, While Huawei Experiences a 70% Increase

Counterpoint Research reports a 19% decline in Apple’s iPhone sales in China during the March quarter, marking its weakest performance since the Covid outbreak in […]

Apple Issues Threat Notifications to Indian Users Over Pegasus Spyware Concerns

Apple has issued new threat notifications to users in India and 91 other countries, alerting them to potential attacks on their iPhones by “mercenary spyware,” […]

Apple’s Indian Assembly: $14 Billion Worth of iPhones Produced Last Fiscal Year

Apple has assembled $14 billion worth of iPhones in India in the last fiscal year, constituting approximately 14% or about 1 in 7 of its […]

Wedbush Analyst Dan Ives Reaffirms Apple’s Outperform Rating and Sets $250 Price Target

Dan Ives of Wedbush reaffirms Apple’s Outperform rating and sets a price target of $250. He emphasizes the importance of navigating through the upcoming 1-2 […]

Apple Ends Decade-Long Electric Car Project, Shifts Focus to AI Initiatives

Apple Inc. has unexpectedly terminated its decade-long effort to develop an electric car, as disclosed by insiders familiar with the matter. This decision marks the […]

UBS Analysts Report: $AAPL’s iPhone Sales Dip 4% Year-on-Year Amid Softness in US and China Markets

UBS analysts project that iPhone global sales for $AAPL experienced a 4% year-on-year decline in February, falling to 17.4 million units from 18.1 million, attributed […]

Performance Snapshot: Ranking the Magnificent 7 Stocks in the S&P 500 YTD

Performance Evaluation of the Top 7 Stocks in the S&P 500 Index: NVIDIA $NVDA has shown the strongest performance among the Magnificent 7 stocks in […]

Apple’s Foldable iPhone Launch Reportedly Delayed to 2027, Supplier Challenges Loom

Apple’s highly anticipated FOLDABLE iPhone introduction has been reportedly DELAYED until the first quarter of 2027. There are discussions suggesting that Apple could potentially abandon […]

JPMorgan Affirms Optimism for Apple Amidst China’s Market Decline, Dismisses Concerns of Local Competition

JPMorgan has reaffirmed its ‘Overweight’ rating on Apple $AAPL, despite the company experiencing a notable downturn in iPhone shipments during February. The figures reveal a […]