JPMorgan lowered its Apple stock price target from $360 to $355, maintaining an Overweight rating due to strong hardware prospects, especially in Mac and iPad sales, despite moderating Services revenue growth and margin challenges. Morgan Stanley also cut its target from $355 to $350, highlighting concerns over slowing Services growth driven by weaker App Store performance and licensing issues. Both banks remain positive on Apple's long-term outlook, expecting a stronger hardware cycle to support future Services recovery, though supply constraints and AI impacts on Services pose uncertainties.
Apple shares are trading at USD 324.73 on Pluang, down 4.02% as of Nov 03, 2026 19:43 WIB. The stock's market cap stands at $4.94 trillion, with a 52-week high of $348.91 and a low of $246.54, reflecting significant price movement within the year.
Apple reported strong earnings and revenue, beating expectations in its core iPhone segment, but its gross margin forecast for the December quarter fell short of analyst estimates due to rising memory prices and costs related to Siri AI development. ...
Apple's stock fell 4.5% in premarket trading following its fourth-quarter earnings report, which disappointed investors due to a weak margin forecast and slow growth in its services segment. Analysts suggest the slowdown may persist until memory pric...
Apple shares fell 4.4% and Palantir shares dropped 5.9% in premarket trading following their earnings announcements. Apple reported better-than-expected overall revenue for the fourth quarter but missed estimates on iPad sales and issued a disappoint...
In the third quarter of 2026, Class A shares of the Alger Growth & Income Fund underperformed the S&P 500 Index. Key contributors to the fund's performance included Microsoft, Apple, and Meta Platforms, while KLA Corporation, Corning, and Broadcom we...
Apple forecasts slower growth in its services segment during the holiday quarter due to rising cloud-computing costs from Siri AI and memory shortages affecting Mac and iPad shipments. CEO John Ternus announced plans to introduce paid access for expa...
