Apple slashes iPhone prices in China amid fierce Huawei competition
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Apple (AAPL) offering 'deep' discounts on iPhone to defend market share in China
May 21, 2024 6:42 AM EDTAccording to research from analysts at Jefferies, Apple (NASDAQ: AAPL) is offering deeper discounts in China for the 618 shopping day festival.
The firm said 618 pre-sales on JD and Tmall started on May 20, with a three to six percentage point increase in discounts... More
Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
May 20, 2024 4:11 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "We hosted a call with an Expert in the payments space who has previously worked building payments products at Apple. The call added to our conviction that Apple has some solid growth runway around Apple Pay, B2C payments, and potentially B2B payments over... More
Apple (AAPL): More evidence points to a flattish iPhone cycle - UBS
May 20, 2024 7:01 AM EDTWith analysts continuing to focus on iPhone demand, UBS said in a note this week that data points to a flattish iPhone cycle for Apple (NASDAQ: AAPL).
The bank noted that immediately before and after Apple's recent quarterly earnings report, the market started to embed a recovery in... More
UBS Reiterates Neutral Rating on Apple (AAPL)
May 20, 2024 6:08 AM EDTUBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Immediately prior to and post Apple's earnings report, the market started to embed a recovery in iPhone unit demand given enthusiasm that AI is a tailwind. Specifically, the market expects AI capabilities and... More
Apple launches aggressive iPhone discounts in China amid Huawei competition
May 20, 2024 5:56 AM EDTApple (NASDAQ: AAPL) has initiated an aggressive discounting campaign on its official Tmall store in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.
The campaign, through which Apple aims to defend its position in the high-end smartphone market amid... More
