Apple Inc (NASDAQ:AAPL, XETRA:APC) is likely to deliver a stronger-than-expected start to fiscal 2026 as resilient iPhone demand and pricing power help offset rising component costs, analysts at Jefferies believe. Jefferies analysts see Apple's first-quarter fiscal 2026 results beating consensus forecasts, citing solid iPhone sales momentum and the company's ability to absorb higher memory and ...
Apple received a boost from Wall Street on Wednesday after brokerages Jefferies and Morgan Stanley raised their price targets, pointing to resilient iPhone demand, pricing power and signs of accelerating growth in China. Jefferies lifted its price target on Apple to $283.36 from $246.99, while maintaining a hold rating on the stock.
As consumers become accustomed to holding free-flowing conversations with the likes of OpenAI's ChatGPT, Anthropic's Claude and Google's Gemini chatbots, the pressure is on Apple to keep up. The iPhone maker in the spring announced that it would delay a major upgrade to its Siri AI voice assistant until 2026, with an executive saying Apple "didn't want to disappoint customers.
Apple is in preliminary talks with some Indian chip manufacturers for the assembly and packaging of iPhone component, local newspaper Economic Times reported on Thursday, citing people with knowledge of the matter.
Two of these tech players make great buys for growth investors, while the third player is well-suited to any stock portfolio. These companies may benefit as the AI boom marches on.
A collection of app developers and consumer groups want Europe to enforce laws against Apple. The Coalition of App Fairness (CAF) on Monday (Dec. 15) issued an open letter to the European Commission (EC) accusing the tech giant of “persistent” non-compliance with Europe's Digital Markets Act (DMA).
Apple (AAPL) has faced difficulties in the past. In 2018, its stock dropped over 30% in less than 2 months, erasing billions in market capitalization, and negating substantial gains in a single downturn.
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