Citi Research analyst Atif Malik late Thursday initiated coverage of Apple stock with a “Buy” rating and a $240 price target. Emily Bary for MarketWatch: “We believe the Street is underestimating continued gross margin expansion,” he wrote in his note to clients, which was titled: “A Hardware Company That Thinks Like a Software Company.” Malik is upbeat about Apple’s AAPL ability to expand margins by continuing to drive consumers toward more expensive devices and configurations. Plus, Apple boasts “resilient market share,” with gains against Android devices, and it’s poised to lower its own costs thanks to a move to design its own custom chips. “Moreover, growing higher-margin services sales mix should help expand the overall corporate gross margins,” Malik continued,…
Citi Research analyst Atif Malik late Thursday initiated coverage of Apple stock with a “Buy” rating and a $240 price target. Emily Bary for MarketWatch: “We believe the Street is underestimating continued gross margin expansion,” he wrote in his note to clients, which was titled: “A Hardware Company That Thinks Like a Software Company.” Malik is upbeat about Apple’s AAPL ability to expand margins by continuing to drive consumers toward more expensive devices and configurations. Plus, Apple boasts “resilient market share,” with gains against Android devices, and it’s poised to lower its own costs thanks to a move to design its own custom chips. “Moreover, growing higher-margin services sales mix should help expand the overall corporate gross margins,” Malik continued,…
Macworld Apple’s list of currently available content for Apple TV+ continues to grow, and so does the list of upcoming projects in the works. Films, limited series, specials, and multi-season series—Apple’s got lots of irons in the fire. Some of these projects have been officially announced and acknowledged by Apple, while others have been reported by the Hollywood press, which always has its ear to the ground about what projects actors, directors, and producers are involved in. We’ve divided this list in two: Coming Soon is a list of shows for which Apple has given an official release date or release window, and Further Out compiles content that is still in production or perhaps haven’t even begun yet. Updated 06/29/23:…
Macworld Apple’s list of currently available content for Apple TV+ continues to grow, and so does the list of upcoming projects in the works. Films, limited series, specials, and multi-season series—Apple’s got lots of irons in the fire. Some of these projects have been officially announced and acknowledged by Apple, while others have been reported by the Hollywood press, which always has its ear to the ground about what projects actors, directors, and producers are involved in. We’ve divided this list in two: Coming Soon is a list of shows for which Apple has given an official release date or release window, and Further Out compiles content that is still in production or perhaps haven’t even begun yet. Updated 06/29/23:…
Apple has increased the price of iCloud storage in several regions around the world, including the United Kingdom, Scandinavia, Eastern Europe, the Middle East, and South America. Every Apple ID receives 5GB of free cloud storage, but users can upgrade to a paid ‌iCloud‌+ storage subscription plan to get 50GB, 200GB, or 2TB of storage. The price hike, first spotted by 9to5Mac, represents an increase of around 25 percent. ‌iCloud‌+ Subscription Previous UK Price New UK Price 50GB £0.79/month £0.99/month 200GB £2.49/month £2.99/month 2TB £6.99/month £8.99/month Similar increases have occurred in Denmark, Sweden, Norway, Poland, Bulgaria, Romania, Turkey, Saudi Arabia, the United Arab Emirates, Egypt, Tanzania, South Africa, Colombia, Peru, Brazil. Pricing in the United States, Canada, and European Union…
Apple’s upcoming Vision Pro headset will feature a new augmented reality (AR) version of the Visual Lookup feature found in iPhones and iPads. This feature, dubbed “Visual Search,” will allow wearers to get information about various items by simply looking at them. Apple Vision Pro features a pair of advanced, custom micro‑OLED displays deliver more pixels than a 4K TV to each eye — for stunning clarity. The feature was discovered this week by MacRumors contributor Steve Moser, who inspected code within the Xcode beta of visionOS, Apple’s AR and reality operating system that will power the Vision Pro headset. Moser found references to Visual Search in the code, which suggests that the feature is still under development. Visual Search…
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