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New Product Launches Signal Apple (AAPL) is Navigating Supply Chain Disruptions Better Than Other Companies Says Analyst

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Apple's (AAPL) Internally Developed M1 Chip Line Could Drive Demand for Mac Upgrades - BofA Securities

October 19, 2021 6:14 AM EDT

BofA Securities analyst Wamsi Mohan reiterated a Neutral rating and $160.00 price target on Apple (NASDAQ: AAPL) after management highlighted the performance of the internally developed, M1 Pro and M1 Pro Max with their higher memory bandwidth, higher core GPUs and better CPU/GPU... More

Apple launches faster chips, MacBook Pro laptops, Airpods at October event

October 18, 2021 3:49 PM EDT

(Reuters) - Apple Inc on Monday released two new chips built into more powerful MacBook Pro laptops and a third-generation AirPod wireless earbud that pair with a new cheaper monthly music streaming service.

The Cupertino, California-based company, which launched its new line of iPhones just over a month ago, added more products just in time for the holiday season.

The iPhone maker will have a $4.99 per-month Apple Music subscription plan and added vibrant colors to its HomePod mini smart speakers.

Here are three key announcements from the event:

BIGGER, FASTER CHIPS

Apple... More