Jefferies downgraded Apple stock to Underperform, citing challenges in launching higher-priced iPhones and lifting average selling prices. The firm revealed Apple canceled a planned all-glass iPhone model for 2027 due to poor production yields, which was expected to have a retail price around $2,060. This cancellation hinders Apple's margin expansion efforts, leaving the foldable iPhone 18 Fold as the main premium product, priced between $2,199 and $3,099. Rising memory costs and changes in trade-in values also pose risks to Apple's product economics and demand dynamics.
Apple has changed its product release strategy from a single September event to multiple releases throughout the year, creating more opportunities for sales and customer upgrades. This move supports Apple's expanding ecosystem, now with over 2.5 bill...
Apple is gaining attention as a strong AI-adjacent stock due to its massive ecosystem of 2.5 billion active devices and new Siri AI running on custom silicon. The company posted robust Q3 2026 results with $109.42 billion revenue and a 16.36% year-ov...
Apple's September 9 event is set to unveil the iPhone 18 Pro with advanced 2nm chips and the debut of a foldable iPhone, signaling continued innovation. Despite challenges like rising memory costs and exposure to China tariffs, Apple reported strong ...
This week, the key market event is the August Consumer Price Index (CPI) report, which could influence the Federal Reserve's decision on a rate hike in September. Economists expect a moderate rise in inflation, with core inflation slightly easing. St...
The August jobs report showed stronger-than-expected job growth with 162,000 jobs added and unemployment steady at 4.1%, easing concerns about labor market weakness. This shifts the Federal Open Market Committee's (FOMC) attention fully to inflation ...
