JPMorgan sees near 20% upside left in Apple stock, adds it to focus list

Apple to assemble iPhone 16 Pro and Pro Max models in India: report

Apple (NASDAQ: AAPL) is set to significantly expand its manufacturing footprint in India by assembling its high-end iPhone 16 Pro and Pro Max models for the first time, according to a report by website Money Control on Friday.

According to the publication, citing sources, the move will come through its partner Foxconn and marks a strategic shift away from... More

Baird 'remain buyers' of Apple stock despite a YTD rally on AI potential

Analysts at Baird remain optimistic about Apple (NASDAQ: AAPL), maintaining an Outperform on the stock rating and raising the target price from $200 to $240, driven by the potential of Apple Intelligence.

The firm said it has recommended AAPL for years due to its expanding ecosystem, growing services contribution, strong cash flow, and innovation leadership.

The introduction of Apple Intelligence, seen as a significant upgrade catalyst, is expected to boost revenue and EPS growth substantially, especially after years of slowing... More

Apple iPhone shipments in China fell 4% in Q2: report

Apple (NASDAQ: AAPL) iPhone shipments in Mainland China dropped by around 4% in the second quarter of 2024, according to the latest report from technology market analyst firm Canalys.

According to an article from Bloomberg, citing the Canalys report, the company's shipments declined about 3.9%, with Apple shipping less than 10 million units in the period.

However, Bloomberg cautioned that official China phone registration data showed iPhones climbing by more than 40% in April and May, however that tracks pre-sale registrations and can differ from third-party shipment trackers like Canalys.

Despite the overall growth in the... More

Goldman Sachs on Apple (AAPL): 'US wireless carrier commentary mixed on iPhone upgrade outlook'

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $265.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "US wireless carrier commentary on the iPhone upgrade cycle is neutral to positive for iPhone demand and Apple (AAPL, Buy). First, US post-paid upgrade rates are at record-lows, which in our view should normalize higher in... More