Apple reiterated as Top Pick at BofA , 'AI enabled upgrade is coming'

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Go back to Apple reiterated as Top Pick at BofA , 'AI enabled upgrade is coming'

BofA Securities Reiterates Buy Rating on Apple (AAPL)

May 31, 2024 5:46 AM EDT

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Media reports are suggesting that deeper integration will originally be limited to Apples own apps but over time should allow all developers to... More

New report shows Samsung’s Galaxy S24 Series is dominating AI smartphone market

May 30, 2024 12:57 PM EDT

According to a report from Counterpoint Research, Samsung's Galaxy S24 Series dominated the generative AI-capable smartphone market in the first quarter of this year.

The firm said the latest research from its Global Handset Model Sales Tracker shows GenAI-capable smartphones contributed 6% to global smartphone sales in Q1 2024, a... More

Apple: Evercore weighs on the impact EU DMA Implementation has on App Store

May 29, 2024 7:00 AM EDT

Evercore ISI recently evaluated the effects of Apple's (NASDAQ: AAPL) compliance with the European Union's Digital Markets Act (DMA) on App Store sales.

Despite significant regulatory changes implemented in early March, their analysis indicates minimal impact on revenue from the EU App Store, which accounts for approximately $1.2... More