While semiconductor stocks dropped over 13% last week, Apple’s stock rose above $340, hitting near record highs due to its broad AI adoption across 2.5 billion devices and strong revenue growth of 16.4% year-over-year. Unlike chipmakers who rely heavily on AI infrastructure spending, Apple benefits from its existing customer base and services like Siri AI and iCloud Plus subscriptions, which drive earnings without large capital expenditures. Analysts remain mostly bullish on Apple with a 15.99% upside price target of $397.78, though risks include rising memory costs and regulatory challenges. Apple's growth outlook appears more stable compared to peers like NVIDIA and Microsoft, whose stocks have faced volatility amid heavy AI infrastructure investments.
Apple shares are trading near their 52-week high at USD 342.82, down slightly by 0.03% on Pluang as of Oct 20, 2026 21:11 WIB. Semiconductor stocks like SOXX and Nvidia are also down, with SOXX at USD 500.41 (-0.34%) and Nvidia at USD 216.65 (-0.20%), reflecting some caution in the chip sector despite Apple's steady performance.
Apple's new foldable iPhone pre-orders exceeded expectations, pushing delivery to late January, alongside strong launches of other products like Homeview and MacBook Pro. The company integrates advanced AI features with minimal capital expenditure, g...
Loop Capital analyst Ananda Baruah downgraded Apple stock from Buy to Hold, citing a 10% cut in iPhone shipment estimates and rising memory costs that could pressure earnings. The price target was lowered from $370 to $330, implying a potential 3.77%...
Apple and Nvidia have similar market values around $5 trillion, but Apple trades at a forward P/E of 37 compared to Nvidia's 18, more than twice as high. This premium reflects Apple's slower expected growth, with revenue rising 16.36% versus Nvidia's...
Apple announced a product launch event on October 28 in Los Angeles, expected to showcase new high-end Macs powered by its own chips. Analysts anticipate the debut of a touchscreen MacBook, marking a shift under new CEO John Ternus. This event follow...
Apple's first foldable iPhone, the iPhone Duo, sold out within minutes of its preorder launch on October 16, 2026, with delivery delays extending to early 2027. The device features advanced components like a 7.6-inch inner display, a titanium hinge, ...
