Apple overtakes Samsung as top seller of smartphones

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Apple (AAPL) and this network equipment stock are the top communications picks at Citi

January 17, 2024 12:45 PM EST

Analysts at Citigroup released a note this week naming Apple (NASDAQ: AAPL) and one other stock as their top picks in the US communications equipment sector.

The bank said that overall, they expect artificial intelligence (AI) and augmented reality (AR) to be the key megatrends for the communications equipment sector in 2024, with AI remaining a key driver for the overall cloud capex... More