UBS maintains a Neutral rating and $280 price target on Apple shares despite noting a slowdown in App Store growth to 7% in the March quarter, down from 14% previously. The U.S. App Store showed flat growth, raising concerns about momentum in Apple's Services segment, which includes Apple Music, iCloud, and Apple Pay. However, UBS expects overall Services growth to remain steady at about 14.4%, suggesting other service areas are compensating. Long-term investors should consider Apple's large installed base of 2.5 billion active devices and record Services revenue of $30 billion as signs of ongoing strength, while watching for more details in upcoming earnings calls.
Apple introduced its first touchscreen MacBook Pro models featuring a ProLED XDR display at a Los Angeles event. The new laptops run MacOS and offer touch as an optional input, allowing users to continue using the trackpad and keyboard as before. The...
Apple unveiled its first touchscreen MacBook Pro featuring an OLED ProLED XDR display and M5 Pro or Max chips, marking a major shift in its laptop design. The new models, priced higher than previous versions, aim to enhance user experience despite a ...
The Legacy Lab by Team One released its 2026 Legacy Makers 100 list, identifying brands consumers trust to have their best interests at heart and remain relevant long-term. St. Jude Children's Research Hospital topped the list for the second year. Th...
Apple is set to unveil its first touchscreen MacBooks, marking a shift from its previous stance against touchscreens on laptops. This launch follows recent product introductions like the folding iPhone Duo and a smart home hub. While Apple executives...
Apple's stock currently trades above Wall Street's consensus price target, signaling strong investor confidence ahead of its November earnings report. While analysts have a cautious outlook due to margin pressures from rising memory costs and other f...
