Apple has increased the prices of its existing iPhone models by $100, with new starting prices such as $799 for the iPhone 16 and $699 for the iPhone 17e. This price hike comes alongside the launch of the new iPhone 18 and the first foldable iPhone Duo. The move breaks Apple's usual pattern of lowering prices on older models when new ones arrive. The increase is driven by rising costs of memory and storage chips due to global shortages and higher demand from AI and cloud companies. Apple also discontinued the iPhone 17 Pro and Pro Max models. The company may also be leveraging its new Upgrade program to ease the impact of higher prices on consumers.
Tech giants like Nvidia, Microsoft, and Apple continue to report record earnings, supporting a bullish view on the sector. Despite neutral positioning in tech stocks overall, many retirement portfolios may be heavily concentrated in a few large tech ...
Apple is set to launch new M6-powered devices starting with the 14-inch MacBook Pro and iMac in October or November 2026, featuring performance and efficiency upgrades but limited design changes. The MacBook Air and iPad Pro are expected to receive M...
Apple previously turned $1,000 into over $12,000 in a decade, but future growth is expected to be slower. By 2031, a $1,000 investment might grow to around $1,626 under a base case, with a 10.22% annual return. A 10x return to $10,000 could take abou...
Apple was notably absent from a White House meeting hosted by President Donald Trump with top tech CEOs to discuss artificial intelligence. Despite no Apple executives attending, insiders like Altimeter Capital CEO Brad Gerstner downplayed the absenc...
Jim Cramer recommended buying Apple stock before the release of its first foldable iPhone, the Duo, which launches on October 23. Despite Apple's stock already reaching a 52-week high, Cramer highlights the Duo as a significant catalyst beyond the us...
