Apple shares have risen nearly 38% in a year, supported by strong revenue growth, a ninth consecutive earnings beat, and a $100 billion buyback authorization. Despite these positives, the stock trades at a high valuation with a forward P/E of 33, and upcoming supply constraints and memory cost inflation pose risks. Analysts are mixed, with a consensus target near $324, suggesting limited upside. Investors are advised to hold existing shares while monitoring AI monetization, China market trends, and margin pressures before considering new buys or sells.
Tim Cook is stepping down as Apple CEO after 15 years, during which he led the company to historic milestones including becoming the first U.S. company to reach a $1 trillion market cap. He will remain as executive chairman, with John Ternus, Apple's...
Apple's longtime CEO Tim Cook has stepped down after 15 years, passing leadership to John Ternus, head of hardware. Ternus faces challenges including a tough AI rollout, a global chip shortage causing price hikes, and upcoming major product launches ...
Phil Schiller, head of Apple's App Store since 2015, has stepped down but remains at Apple as a Fellow, signaling a gradual exit amid a wave of top executive departures including COO Jeff Williams and Apple Pay head Jennifer Bailey. Schiller led the ...
Apple posted a record quarter with strong iPhone and Mac sales, but its earnings beat was partly boosted by tariff refunds. Salesforce also beat earnings expectations, driven by rapid AI monetization through Agentforce and other products, with signif...
Tim Cook has stepped down as Apple's CEO, endorsing John Ternus, the senior vice president of hardware engineering, as his successor. Cook emphasized that he is not leaving Apple but transitioning to executive chairman, where he will manage political...
