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In "The Big Banks," Citigroup raises Apple's target price to $330 and maintains a "Outperform" rating

Citi has raised Apple's target price to $330, maintaining an "Outperform" rating. The report points out that Apple has performed excellently in financial predictability, with iPhone sales hitting a record high, and expects revenue and profit growth of 3% to 5% for the fiscal years 2026 to 2027. Citi believes that Apple has a unique position in the field of artificial intelligence, and if it resolves the AI product delay issues, there is significant upside potential for its stock price

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IPhone Air Sees Sharpest Early Resale Value Drop In Years, New Data Shows

Apple's iPhone Air is experiencing a significant drop in resale value shortly after its launch, with some versions losing nearly half their original price within ten weeks. New data from SellCell reveals that the iPhone Air's average depreciation is 44.3%, compared to the iPhone 17 series' 34.6%. The 1TB version is the most affected. In contrast, higher-end iPhone 17 Pro Max variants show better value retention.

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Apple announces departure of general counsel and policy chief

Apple announced the departure of its general counsel, Kate Adams, and VP for environment, policy, and social initiatives, Lisa Jackson. Jennifer Newstead will become the new general counsel next March. This follows recent exits of other senior leaders, indicating a significant shift in Apple's leadership.

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Apple Names Jennifer Newstead General Counsel as Key Executives Announce Retirement

Apple has announced that Jennifer Newstead will become the new general counsel, succeeding Kate Adams, who will retire in 2026. Lisa Jackson, VP for Environment, Policy, and Social Initiatives, will also retire in January 2026. The Government Affairs organization will transition to Newstead, and the Environment and Social Initiatives teams will report to COO Sabih Khan.

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J.P. Morgan Sticks to Its Buy Rating for Apple (AAPL)

J.P. Morgan analyst Samik Chatterjee maintains a Buy rating for Apple with a $305 price target. Chatterjee is a 5-star analyst with a 17.6% average return and a 63.95% success rate. Apple also received a Buy rating from TR | OpenAI's Nina Chargessa, while KeyBanc maintained a Hold rating.

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BREAKING: Apple interface design chief Alan Dye is leaving the iPhone maker to become the Chief Design Officer at Meta in a blockbuster coup for the social networking giant.

Source: Mark Gurman

$NVIDIA(NVDA.US)

"Simplicity is the ultimate sophistication." People overcomplicate the bear case. They say "competitors are coming."

​Think of it this way: Nvidia is the iPhone of Enterprise AI. Could ...

  • 0

$Intel(INTC.US)’s 18A process for Apple’s cheap M chips… but $Taiwan Semiconductor(TSM.US) still owns high-end! Is this just PR fluff or will Intelactually win more big clients?

Delay risk to 2027! Don’t chase $Apple(AAPL.US)’s high blindly, folks

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