Apple (NASDAQ:AAPL) stock has been spending much of the year in recovery mode after shares started off the year with a nasty slide that eventually led to a post-Liberation Day bottom.
The EU on Friday demanded tech giants Apple, Google, Snapchat and YouTube explain what steps they are taking to protect children online.
Apple (AAPL) reached $254.04 at the closing of the latest trading day, reflecting a -1.56% change compared to its last close.
Apple is priced for expectations of 13.89% real EPS growth over 10 years, far above its historical growth and even more optimistic than consensus forecasts. Apple possesses a strong moat, a prerequisite for sustainable abnormal rates of growth. Even if Apple were able to achieve the abnormal rates of EPS growth implied by the median forecast, the stock's intrinsic value would still be 40% below the current price.
Angelo Zino, Senior Equity Analyst at CFRA Research, says AI and partnerships are central to Apple's growth, with a foldable iPhone and strong China strategy key to reaching a $280 price target.
Now that Apple is no longer pricing new iPhones at a steep premium, this is motivating users to upgrade to the latest version. Given that the latest versions are filled with better features and apps, this will increase more paid app downloads, in-app purchases, and other monetization models that fall in the services segment. So pretty much the strategy here is to lower the product margin to boost the segment of the business with high recurring revenue and high margins, resembling the razor-blade model.
A Jefferies analyst thinks Wall Street is reading too much into strong early demand for the iPhone 17 — setting the stage for disappointment down the road.
ICEBlock was dropped from the company's App Store after concerns were raised by the Justice Department that it could put law-enforcement officers at risk.
The September jobs report is delayed, but private data shows a stagnant labor market, with healthcare driving most job creation. Apple (AAPL) removed the ICEBlock app from its App Store following safety concerns raised by the Trump administration and law enforcement.
Trump administration officials have issued several legal threats over ICEBlock, a popular app that allows users to alert others to the presence of nearby immigration agents.
Apple said on Thursday that it had removed ICEBlock, the most popular ICE-tracking app, and other similar apps from its App Store after it was contacted by President Donald Trump's administration.
Apple has halted a planned overhaul of its Vision Pro headset to divert resources toward developing smart glasses that can rival products from Meta Platforms , Bloomberg News reported on Wednesday, citing people with knowledge of the matter.