After Apple (AAPL) CEO Tim Cook said the iPhone maker is seeing record iPhone upgrades with the rollout of Apple Intelligence, several analysts raised their price targets for the company's stock, pointing to AI updates as a potential source of growth.
Stocks swung lower Friday after the White House confirmed it will impose tariffs on Mexico, Canada and China beginning tomorrow.
Lisa Schreiber says A.I. remains in focus after seeing this week's slate of Big Tech earnings.
Gene Munster of Deepwater Asset Management says Apple needs to have a more attractive feature set in order to attract more consumers to upgrade to their latest iPhones. He joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.
Fundstrat's Tom Lee and Futurum Group's Daniel Newman, join 'Power Lunch' to discuss the this week's tech earnings and the market reaction.
Apple offers a positive growth outlook despite posting iPhone weaknesses in China. Bloomberg's Mark Gurman joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.
Apple has agreed to pay $20 million to resolve a class-action lawsuit over battery swelling on the Apple Watch. Filed in the U.S. District Court for the Northern District of California in 2019, the suit alleges that the problem affected the first four Apple Watch models.
Wamsi Mohan, BofA Securities senior equity research analyst, joins CNBC's 'The Exchange' to discuss outlooks on Apple, DeepSeek, and more.
I maintain a hold rating on Apple due to its high valuation and limited near-term growth prospects despite solid recent earnings. Apple's iPhone revenue struggles in China and wearables show softness, but potential improvements in AI and the upcoming iPhone 17 could boost growth. Technically, Apple's stock is solid, with strong support at $220, but the upside may be capped at $300 without substantial growth catalysts.
Weaker iPhone sales from Apple (AAPL) is a warning that puts the hardware's "supercycle" at risk, according to William Kerwin. William has a $200 price target on expectations that Apple will have an "increasingly difficult time" to grow in a maturing smartphone market.
In 2024, tech stocks, especially the "Magnificent Seven," led in market gains. However, a key question for 2025 remains: Can the Magnificent Seven continue outperforming in 2025?
Apple Inc AAPL analysts see China, iPhone and Services as the key highlights from the company's first-quarter financial results.