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Apple shares dip on foldable iPhone delay rumors; strong AI strategy and sales growth support outlook.

Market News
07 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Apple Inc. shares fell amid rumors of delays in its upcoming foldable iPhone, though these reports were denied. The company’s growth is driven by a focused AI strategy emphasizing hardware, ecosystem integration, and privacy rather than flashy new models. Apple’s installed user base grew 8.7% to 2.5 billion, with iPhone sales up 23% last quarter, supporting record-high gross margins expected to reach 48–49%. Despite modest spending on capital expenditure and R&D, Apple achieves a high return on invested capital (68%), outperforming many peers. Analysts see potential mid-teens upside in Apple shares ahead of its WWDC 2026 event.

More News (AAPL)

ISPY ETF charges higher fees for daily covered calls, offering more S&P 500 upside than cheaper rivals JEPI and XYLD.

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The ProShares S&P 500 High Income ETF (ISPY) charges 0.56% annually for a daily covered call strategy that resets option ceilings daily, allowing more upside participation in the S&P 500 compared to monthly call funds. This approach, supported by lev...

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Alibaba's Qwen AI model to be integrated into Apple services in China, boosting shares 4% premarket.

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TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

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Others
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OpenAI developing AI-powered smart speaker as its first hardware device amid Apple lawsuit.

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20 hours ago
Nasdaq-100 income ETF QQQI pays high dividends but lags index returns by 6% amid fees and call options

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The NEOS Nasdaq-100 High Income ETF (QQQI) offers attractive monthly dividends, distributing $7.63 per share over the past year. However, it underperformed the Nasdaq-100 index by about 6 percentage points year-to-date through July 2026, returning 12...

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