JP Morgan hikes Apple stock target to $290 on iPhone 17 demand

Investment firm JP Morgan has previously reported that the iPhone 17 demand was high, but now it is raising its target price because of it, saying that Apple is looking more positive than it has in a year.

William Gallagher 7 months ago 1

iPhone 17 price hikes may be minimal despite U.S. tariffs

JP Morgan believes Apple will keep the pricing of the iPhone 17 range in line with the iPhone 16, but with the probable exception of the iPhone 17 Pro.

Malcolm Owen 9 months ago 3

JPMorgan Chase is the hot favorite for Apple Card takeover

JPMorgan Chase may become the new host for Apple Card, with Apple reportedly viewing the bank as the preferred replacement for Goldman Sachs.

Malcolm Owen 10 months ago 8

J.P. Morgan trims Apple stock target to $230 citing iPhone & Services weaknesses

J.P. Morgan has lowered its Apple stock price target, warning that iPhone demand may be slowing down after a wave of early purchases and weaker interest in the upcoming models.

Andrew Orr 11 months ago 14

Apple revenue could actually benefit from China tariff war

Analysts at JP Morgan are looking more favorably at Q2 results, predicting that Apple may actually see increased revenue in Q3 thanks to short-term effects of the ongoing U.S.-China tariff battle.

Malcolm Owen 1 year ago 11

iPhone 16 demand remains in line with the iPhone 15

Investment bank JP Morgan says that demand for the iPhone 16 range is roughly the same as for the iPhone 15 in 2023, but shipping times for the Pro models are shrinking.

William Gallagher 1 year ago 1

Analysts expect M4 Macs to drive premium PC demand in the short term

JP Morgan reports underwhelming PC and Mac shipments in the third quarter of 2024, but demand for so-called AI PCs like Apple's upcoming M4 Macs could drive a recovery in 2025.

Wesley Hilliard 1 year ago 2

Apple stock overtakes Microsoft on increased AI expectations

Apple's stock has risen sharply to take it ahead of Microsoft again, following investment analysts predictions of an iPhone upgrade super cycle because of Apple Intelligence.

William Gallagher 1 year ago 9

There are more signs of iPhone sales recovery in China

Even before the iPhone 16 hits the streets, the latest research from investment firm JP Morgan shows that iPhone sales are continuing to increase in China, helped in part by a recovering smartphone market in the region.

William Gallagher 1 year ago 1

JP Morgan raises Apple stock target to $245 on AI announcements

Analysts at JP Morgan say that Apple's launch of AI features will prompt users to upgrade their iPhones, and has raised the price target by $20.

William Gallagher 1 year ago 4

WWDC AI announcements will spark iPhone 16 upgrade cycle — eventually

Investment bank JP Morgan believes that Apple's combination of AI and privacy will mean a large swathe of users will upgrade to the new iPhone 16 throughout 2025, and that should reassure investors that are worried about the company's future.

William Gallagher 2 years ago 2

Apple reversed its stock trajectory for the year in 30 minutes

Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.

William Gallagher 2 years ago 13

JP Morgan drops Apple target price over questions on when AI iPhone will launch

Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result.

William Gallagher 2 years ago 25

Chinese iPhone sales may be decelerating at faster pace than expected

New figures from China's authorities says that iPhone sales were down one third in February 2024, much more than it dropped in the same period in 2023.

William Gallagher 2 years ago 2

JP Morgan: Apple's China problems are increasing, but recovery expected

Analysts from investment firm JP Morgan reports believe that the decline in Apple's iPhone sales in China is accelerating, but Services could change that.

William Gallagher 2 years ago 1

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