Apple unveils new AI-focused chip in upgraded iPad Pro
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CFRA on Apple (AAPL): 'we think these upgrades...will help drive a return to growth'
May 7, 2024 12:38 PM EDTCFRA analyst Angelo Zino reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "AAPL is fully revamping its iPad line-up with a larger 13-inch iPad Air and new M4 chips (from M2) for iPad Pros. The Pros also possess a... More
Apple (AAPL) announces new iPad Pro and M4 chip
May 7, 2024 11:07 AM EDTApple (NASDAQ: AAPL) announced its M4 chip on Tuesday at its "Let Loose" event. The chip will be coming to Apple's next generation of devices, beginning with the iPad Pro.
It is said the M4 chip in the new OLED iPad Pro will help improve AI-related tasks in iPadOS. The new iPad Pro also has upgraded camera modules to take better images, as well as an adaptive flash to improve capture for document scanning tasks.
During the event, Apple shed light on the AI capabilities of the M4 chip, boasting a new... More
Apple (AAPL) iPhone unit shipments remain challenged - Loop
May 7, 2024 9:45 AM EDTApple's (NASDAQ: AAPL) iPhone shipments remain challenged, according to analysts at Loop Capital, in a note on Tuesday.
The investment firm reiterated a Hold rating and $170 price target on the iPhone maker's shares in the note. They believe iPhone unit shipments, which... More
BofA Securities Positive on Apple (AAPL): 'Another qtr of buyback authorization and div increase'
May 7, 2024 9:32 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "
During the F2Q earnings call, mgmt. announced that the Board of Directors had authorized an additional $110bn for share buybacks,... More
