New iPhone 16 unveiled in Russia as retailers skirt Apple's export ban

BofA Securities Reiterates Buy Rating on Apple (AAPL)

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $256.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Our tracking of iPhone ship dates on Apples own website, and various carrier websites, indicates that as of Sep 23rd (11 days after... More

Goldman Sachs Reiterates Buy Rating on Apple (AAPL)

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $276.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Delivery lead times for iPhone 16 are shorter than iPhone 15. Although shorter lead times could imply weaker demand trends, lead times provide an incomplete picture of demand when viewed without an accurate view of channel inventory. AAPL channel inventory... More

Barclays Reiterates Underweight Rating on Apple (AAPL), 'First Week of iPhone 16 looks a Little Weak with Shorter Lead Times'

Barclays analyst Tim Long reiterated an Underweight rating and $186.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We see muted demand for iPhone 16 across pro and base models based on shorter lead times vs. last year and our channel checks indicating lower demand during the first week of pre orders. While it is still early and things could change, early signs are not encouraging. We track iPhone availability across geographies globally, which suggest softer demand for IP16 relative to last year, especially amongst the pro models. Wait times across major... More

Evercore ISI on Apple (AAPL): 'we think this supports the thesis of a more gradual uptick in iPhone sales'

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: The iPhone 16 and 16 Pro lineup has been available for pre-order in most geographies since Sep 13 th, and lead times for the Pro/Pro Max models have increased since we last ran the analysis on 9/16, while changes in lead time for 16 and 16 Plus were mixed. All delivery times referenced are for delivery of a... More

AI revolution trade gets mojo with risk on after big Fed cut: Wedbush

Tech bulls Wedbush said in a note Thursday that they believe the AI revolution trade has gained momentum after the Federal Reserve's 50 basis point rate cut, signaling a risk-on environment for Big Tech and AI stocks.

According to Wedbush, this aggressive cut, along with a dovish dot plot into 2025, creates a "very bullish backdrop" for the tech sector.

This marks a significant shift, as many... More

Apple (AAPL) Faces EU Warning To Open Up Iphone Operating System - Bloomberg

Apple Faces EU Warning To Open Up Iphone Operating System - Bloomberg