Apple's stock set to rise after iPhone 18 Pro and foldable iPhone Duo reveal; analysts say company is walking a 'tightrope' on pricing
Apple shares were set to rise on Thursday following the launch of new products, including the iPhone 18 Pro and the foldable iPhone Duo, which were unveiled on Wednesday. Goldman Sachs analysts led by Michael Ng noted the company's efforts to keep luring cost-wary consumers, stating the new devices should drive continued strength in demand. However, they added that Apple's decision to launch a higher-end iPhone 18 model in the fall and save lower-cost phones for the spring will help manage rising costs.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:MarketWatch · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
JPMorgan upgraded Meta to Overweight, raised price target to $820 from $640, implying roughly 24% upside.
-
2
NVIDIA is under investigation by the U.S. Department of Justice over a licensing agreement with AI chip company Groq, potentially related to circumventing antitrust review.
-
3
Ukraine launches deepest strike of war, hitting Russian Arctic gas plants 3,000 km away, as Russian attacks kill 7 in Ukraine
-
4
Israeli attack on northern Gaza kills at least 4 Palestinians
-
5
Virtual Currency and Virtual Account Trading Platforms: Mainstream Choices and Ranking Analysis
-
6
Trump warns Iran over 'Pickaxe Mountain' nuclear activity, threatening 'very hard hit' after U.S.-Iran ship attacks near Hormuz; Brent crude falls below $101
-
7
Iran-backed Houthis seize Yemen's Mocha, raising risks for Red Sea shipping and global trade
-
8
What is Fantom (FTM)? FTM Token Analysis and Future Outlook
-
9
FET Token Listed on Major Exchanges: A Guide to Buying and Selling Fetch.ai Tokens
-
10
DAT Coin Analysis: Similarities, Differences, and Current Status of Datum Token and Digital Asset Treasury (DAT) Strategy
Markets Today
Recommended Reading






