The firm is updating its iPhone estimates to reflect its unit and average selling price adjustments, the analyst tells investors.
"The good news is that with new leadership at the helm and all the makings of a somewhat fresh start, Apple might have a chance of attracting (or keeping) talent that, until earlier today, saw little to no future in a career at the company."
Read More Apple's Amar Subramanya has his work cut out for him
"Its not only like taking a sledgehammer, this is like a double-barrel gun." — Name withheld
Read More Reuters: Apple does not plan to preload India's spyware
From "Final Trades: Nike, Amazon, Delta Air Lines and Apple" which aired Monday on CNBC.
Read More Apple made CNBC's final trades list Monday (video)
Premarket: Apple is red
7 days ago
7 days agoFrom Barron's' "Stock Futures Rise as Markets Fight Back From Rocky Start to December" posted early Tuesday.
Apple Intelligence turnover
7 days ago
7 days agoJohn Giannandrea is on his way out, the former head of Google Gemini engineering is in.
Monday's all-time-high close makes it five in as many trading days.
Read More Apple at $283.10: The parade of record closes continues
This is not the first time that Apple has had to deal with preinstalled software. In 2021, it capitulated and agreed to install mandatory apps on devices sold in Russia to comply with laws passed in 2019.
Read More Apple has 90 days to comply with India's spyware demand
"Apple is benefitting from a perfect storm of growth drivers – a strong upgrade cycle in its mature markets, continuing premiumization and expansion helping drive growth in emerging markets, and increased portfolio width." — Counterpoint's Varun Mishra
Read More Counterpoint: Apple's iPhone to be the world's No. 1 smartphone through 2029
"The Phillips curve suggests a stable, inverse relationship between inflation and unemployment, proposing that economic growth leads to inflation, which in turn reduces unemployment." — Investopedia
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