Apple's stock could face a significant correction to around $245 by late December 2026, a 32.2% drop from its July peak near $360, according to technical analysis by TradingShot. This forecast is based on recurring patterns in Apple's weekly chart, including weakening momentum and bearish signals like a declining RSI and a bearish MACD crossover. Despite this, Apple's fundamentals remain strong with record Q3 2026 revenue and profit growth, though softer guidance and supply constraints have raised concerns. Leadership changes and ongoing AI and product innovations add complexity, suggesting the stock might become a buying opportunity once momentum indicators improve.
Apple shares trade around $305, supported by aggressive buybacks and a growing Services segment, but face pressure from high valuation and supply chain challenges. The company posted strong revenue growth of 16% year-over-year, yet the stock has pull...
Apple reported a record $30.7 billion in Services revenue for the June quarter, up 12% year-over-year, driven by strong iPhone sales and the global rollout of an enhanced Siri AI assistant. CEO Tim Cook expressed high enthusiasm for Siri AI, which is...
Apple has submitted a new proposal for commissions on purchases made through external links in iOS apps, suggesting a 15% fee for standard apps and reduced rates for small developers and special programs. Small businesses would pay 5%, while particip...
Jefferies downgraded Apple stock to sell amid concerns over high valuation, a modest recent quarter, and the cancellation of an all-glass iPhone. However, Apple’s AI advancements, including on-device AI and personalized intelligence, are seen as key ...
Apple announced a $60 billion manufacturing facility in Houston, Texas, focusing on Mac mini production and a manufacturing school, marking a key moment before CEO Tim Cook steps down on Sept. 1. The investment is part of Apple's broader U.S. commitm...
