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Wall Street thought AI would spark a massive iPhone upgrade cycle. It's looking like the threat of Trump's tariffs did.
Apple iPhone upgraders were consumers who usually hold onto their phones for many years. This is unusual and a "significant shift," CIRP said.
Apple Tops Wall Street’s Profit Expectations but Tariff Fears Still Loom
Tim Cook, the company’s C.E.O., said he expected $900 million in extra costs this quarter because of President Trump’s tariffs.
Apple lays groundwork for iPhone brain control technology
In a press release this morning, Apple announced its suite of new accessibility features coming to the iPhone later
Wall Street thinks Apple is set to crush first-quarter earnings estimates thanks to tariffs
Apple's earnings will be a key update for investors looking for answers regarding the impact of tariffs, China competition, and progress on AI.
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Tesla Stock vs. Apple Stock: The Best buy Right Now, According to Wall Street
Tesla ( TSLA 6.68%) and Apple ( AAPL 6.25%) are both members of the "Magnificent Seven," a group of seven large U.S. companies that have dominated the stock market over time. While Tesla and Apple remain popular picks with investors, most Wall Street analysts see downside in the former and upside in the latter.
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