Apple cuts about 100 digital services jobs, Bloomberg News reports
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August 29, 2024 1:08 PM EDT
Morgan Stanley analysts provided insights into what to expect at Apple's (NASDAQ: AAPL) upcoming "Glowtime" event on September 9th, where the tech giant is expected to unveil the iPhone 16, new Apple Watches, and potentially new AirPods.
According to Morgan Stanley, the event will likely focus heavily on the integration of Apple Intelligence, Apple's AI technology, within the iPhone... More
August 29, 2024 5:22 AM EDT
Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We maintain our estimates and $255 TP based on QTD supply chain and third party datapoints. Overall, we are a) ok with the recent CFO... More
August 28, 2024 10:48 AM EDT
Tigress Financial Partners analyst Ivan Feinseth raised the price target on Apple (NASDAQ: AAPL) to $295.00 while maintaining a Strong Buy rating.
The analyst comments "We reiterate our Strong Buy rating on AAPL and increase our 12-month target price to $295 as the upcoming introduction of the new Apple Intelligence-enabled iPhone 16 will drive a significant new upgrade cycle and, combined with increasing Services growth and accelerated revenue, cash flow growth and ongoing gains in shareholder value. AAPLs expanding ecosystem will continue to increase, driven by its cadence of new product introductions, including... More
