Chinese retailers offer deep iPhone 15 discounts

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Apple (AAPL) needs to invest heavily in generative AI to catch-up

October 24, 2023 2:30 PM EDT

TF International Securities analyst Ming-Chi Kuo said in a post that he believes Apple (NASDAQ: AAPL) will need to invest several billion dollars annually to catch up with the competition in generative AI.

The analyst explained that his latest survey indicates Apple plans to purchase 2,000 to 3,000 and 18,000 to 20,000 units of AI servers in 2023 and 2024, respectively, representing... More

China production dependence is a big risk for Apple (AAPL) - BoA

October 24, 2023 8:10 AM EDT

BofA analyst Wamsi Mohan said in a note on Tuesday that Apple's (NASDAQ: AAPL) headline China risks could be increasing as they are more in focus.

The analyst, who maintained a Neutral rating and $208 price target on the stock, said... More