Apple has achieved its ninth consecutive earnings per share beat, driven by a unique AI strategy that leverages on-device processing across 2.5 billion active devices instead of costly data centers. This approach helps Apple maintain low capital expenditure—$2.37 billion in the latest quarter—while generating strong cash flow and accelerating growth, with June-quarter revenue up 16.36% and net income rising 27.12%. Services revenue hit a record $30.98 billion, supporting recurring income, and the company continues aggressive stock buybacks and dividend increases. Compared to rivals like Microsoft, which invests heavily in AI infrastructure, Apple's model is more capital-efficient, though its high valuation poses some risk. The company’s strong cash reserves and plans to monetize AI on existing devices suggest further growth potential ahead.
Apple's market cap stands at $4.91 trillion as of Oct 12, 2026, 22:02 WIB, reflecting its status as one of the world's most valuable companies. The stock is trading at USD 341.13 with a 1-day gain of 1.32% on Pluang, showing positive investor sentiment. Its dividend yield remains modest at 0.32%, consistent with its focus on growth and stock buybacks rather than high dividend payouts.
Apple's stock is predicted to rise about 16% over the next year, driven by strong iPhone 17 demand and new AI features like the upgraded Siri. Despite Wall Street's consensus target being below current prices, Apple's consistent earnings beats and ag...
The Fidelity Blue Chip Growth ETF (FBCG) has been upgraded to a BUY rating due to renewed momentum in AI-related blue chip stocks and attractive valuations compared to the Russell 1000 Growth index. The ETF's portfolio is heavily concentrated, with 5...
JPMorgan assigned a 'Buy' rating to Apple with a price target of $340, acknowledging recent rumors of order cuts and slower iPhone Pro Max delivery times, mainly outside the U.S. Apple forecasted slower revenue growth of 9%-11% for the September quar...
Apple will announce the HomeView, a new smart home hub powered by Siri and an A18 chip, designed to control other smart home devices. The device will come in two models, one for countertops and another for wall mounting, marking Apple's strongest pus...
Apple has agreed to employ key team members from personalized audio startup Huxe and license its technology in a reverse acqui-hire deal. Huxe recently shut down, and Apple disclosed the agreement to the European Commission, signaling a move to enhan...
