Apple supplier Foxconn's profit beats forecasts as it rides AI boom
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Goldman Sachs Comments on Epic Games Store launches on iOS in the EU
August 16, 2024 2:13 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $275.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "On Friday, August 16, Epic Games (private) announced that the Epic Games Store has launched on iOS in the European Union, following Apple (AAPL) App Store platform changes in the EU to comply with the EU DMA (see Analyzing the App Store platform fee changes in the EU,... More
More evidence of late cycle iPhone strength: Morgan Stanley
August 15, 2024 11:12 AM EDTMorgan Stanley analysts have observed stronger-than-expected Apple (NASDAQ: AAPL) iPhone 15 builds in July, leading to a significant upward revision in September quarter iPhone production.
The latest checks from Morgan Stanley's Greater China Tech Hardware team indicate that iPhone builds for the quarter have been increased to 54 million units, an 8% year-over-year growth, marking the highest... More
