The development is likely to disrupt iPhone assembly lines in the Foxconn factories in the southern states of Tamil Nadu and Karnataka.
Read More Foxconn halts iPhone worker rotations out of China and into India
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"This should help alleviate some investor concerns that Apple is a geopolitical target in China." — Analyst Amit Daryanani
Read More Evercore: China's 15% electronics subsidy is priced to sell Apple's iPhone 16
"We view Dec-qtr earnings report as the main catalyst for our call." — Analyst Amit Daryanani
Read More Flash note: Evercore slaps a 'tactical outperform' rating on Apple
Premarket: Apple is green
8 months ago
8 months agoFrom Barron's' "Stock Futures Rising as Cooling Inflation Fuels Market’s Rate-Cut Hopes" posted early Thursday.
"Looking ahead to 2025, Apple is expected to achieve growth, driven by a refreshed portfolio, hardware upgrades and broader adoption of Apple Intelligence." — Canalys Analyst…
Read More Canalys: Apple led the global smartphone market in calendar 2024
While Apple and Samsung maintained the top two positions in Q4 and for the year, both companies witnessed YoY declines.
Read More IDC: iPhone topped the global smartphone market in the December quarter
Counterpoint: iPhone sales fell last year
8 months ago
8 months ago"iPhone sell-through was down, but consumers are pivoting to Apple’s ultra-high end, helping to offset some of the declines." — Senior analyst Ivan Lam
This week's Apple trading strategies (1/13-1/17)
8 months ago
8 months agoA place for Apple traders and investors to share their best ideas.
Ming-Chi Kuo: 2025 is going to suck for Apple
8 months ago
8 months agoFrom Kuo's: "Apple Likely to Face Fiercer Challenges in 2025, Requiring Caution Against Potential Downside Risks from Earlier Overly Optimistic Market Sentiment" posted Friday on his Medium account.
"If it is $1 billion, it is not sufficient." — Industry Minister Agus Gumiwang Kartasasmita.
Read More Indonesia meets with Apple to move the goalposts again
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