Apple No Longer In Talks to Invest in OpenAI Funding Round, Microsoft Is Investing $1 Billion- WSJ

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Citi Cuts Apple (AAPL) iPhone Unit Forecasts by 2M for Sep/Dec Qtr.

October 1, 2024 9:22 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We update our iPhone unit forecasts in Sep/Dec-Q down by 2M each and now expect iPhone 16 units to be 83M this... More

Barclays on Apple (AAPL): 'Cutting iPhone 16 Builds Likely Indicative of Weak Demand'

October 1, 2024 7:11 AM EDT

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

The analyst comments "There was a lot of news about increased iPhone builds in early July, a few weeks after the introduction of Apple Intelligence. Based on our recent supply chain channel checks, we believe AAPL may just have cut roughly 3M units at a key semiconductor component in iPhones for the Dec-Q,... More

Morgan Stanley Reiterates Overweight Rating on Apple (AAPL)

September 30, 2024 6:03 AM EDT

Morgan Stanley analyst Erik Woodring reiterated an Overweight rating and $273.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Our view on iPhone 16 cycle demand remains unchanged. While we do think the elongation of iPhone 16 Pro/Pro Max lead times is more of... More