Huawei sold 1.6 million 'iPhone killer' Mate 60 Pro phones in six weeks - report

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Apple (AAPL) stock falls as China woes continue

October 23, 2023 6:31 AM EDT

Apple (NASDAQ: AAPL) shares fell 1.5% in early Monday trade as investors were digesting updates from China.

Asian investor confidence was shaken as Beijing initiated several investigations into Foxconn, a key Apple supplier.

According to local media reports, the tax inspections were conducted at Foxconn facilities in two Chinese provinces. Moreover,... More

Evercore ISI Says Apple (AAPL) iPhone 15 Orders in China/US and Japan are 'Stable', Says UK/Germany Lead Time 'Down'

October 20, 2023 11:38 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Underperform rating and $210.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "The iPhone 15 lineup has been available for pre-order in most geographies since Sep 15th , and lead times for the Pro/Pro Max models have been somewhat mixed; the US, China, and Japan were stable vs. last week while UK/Germany lead times were down by 7-9 days on average. All delivery times referenced are for delivery of a sim-free phone from... More

Apple (AAPL) iPhone 15 demand 'declines across all regions' - UBS

October 18, 2023 9:03 AM EDT

The demand for the Apple (NASDAQ: AAPL) iPhone 15 Pro has declined across all regions relative to last year, according to a note from UBS analyst David Vogt on Wednesday.

The analyst, who has a Neutral rating and $190 per share price target on Apple shares,... More