Apple's stock has fallen 7.47% since its Q3 earnings, trading at $308.26, which some long-term investors find attractive. The recent pullback is due to concerns over tariff refunds, rising memory costs, and supply chain issues. Despite this, Apple reported its strongest June quarter ever, driven by strong iPhone 17 sales and expanding services revenue with high margins. The company also announced a $100 billion buyback program and continues to show strong financial metrics. Analysts remain mostly bullish with a consensus target price of $322.82. Key upcoming catalysts include the iPhone 18 launch, easing supply constraints on Macs, and new AI-driven Siri features. Risks include potential revenue drops in China and margin pressure from rising costs. Overall, Apple presents a positive risk/reward profile for long-term investors.
Ron Johnson, who built Apple's retail stores, believes AI will enhance online shopping but won't replace physical stores. He argues that personal, high-value purchases like laptops require in-person experience, which AI can't provide. Johnson expects...
Apple is offering up to $95 per device to customers who bought certain iPhone 15 and 16 models in the US between June 10, 2024, and March 29, 2025, as part of a $250 million settlement. The lawsuit claimed Apple misled customers by promoting advanced...
The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over ...
Jim Cramer recommends investors to "own it, don't trade it" for Apple and NVIDIA, emphasizing long-term holding over short-term trading. Both companies are competing for the title of the world's most valuable publicly traded company, with NVIDIA lead...
Apple and Tesla demonstrated strong financial results and resilience against AI sector disruptions after OpenAI agent attacks on Hugging Face. Apple reported a record fiscal Q3 2026 revenue of $109.42 billion, driven by iPhone sales and services, whi...
