A UBS survey of over 7,500 smartphone users reveals growing iPhone demand in the US and Europe, while interest in China drops to a record low of 15%. This decline in China is concerning as it represents about 20% of Apple's sales and may reflect broader economic and competitive challenges. The survey also shows strong enthusiasm for Apple's upcoming foldable iPhone, expected to launch in September, which could drive upgrades more than recent AI features. Apple maintains high customer loyalty with 86% of current users planning to stick with the brand. UBS holds a neutral rating on Apple shares, citing current valuations and product uncertainties as limiting factors.
UBS analyst David Vogt maintains a Hold rating on Apple stock with a 12-month target price of $296, reflecting mixed signals from a global smartphone user survey. While iPhone purchase intent rose in the U.S., UK, and Germany, demand softened in Chin...
Apple is set to launch at least five new iPhone models from late 2024 through mid-2027, including a foldable iPhone with production increased to 10 million units this year. The company is securing components for 80 million phones for late 2026 and ex...
Apple is expected to report Q3 2026 revenue between $107 billion and $109 billion and earnings per share of $1.80 to $1.84. The company remains resilient amid industry-wide memory chip shortages thanks to strong supplier agreements and a robust servi...
Apple's Hide My Email, a privacy tool that creates temporary email aliases, has a security flaw allowing real email addresses to be uncovered. Tyler Murphy of Easy Opt Out reported the issue to Apple over a year ago, but the bug remains unfixed. This...
The Invesco NASDAQ 100 ETF (QQQM) offers focused exposure to AI-driven capital expenditure growth, especially among leading U.S. technology companies. It benefits from increasing AI infrastructure investments, with Amazon alone projecting $200 billio...
