Goldman Sachs has lowered the Target Price for Apple (AAPL.US) to $280. A weak start is expected in early 2025, but a reversal is anticipated by mid-year.
Goldman Sachs published a report indicating that it expects Apple's (AAPL.US) earnings per share for the first quarter of the 2025 fiscal year to be $2.35 and revenue to be 124.2 billion yuan, with iPhone revenue increasing by 1% year-on-year, as the delivery volume declined by 4% year-on-year, offset by a 5% year-on-year increase in the average selling price of iPhones. The firm noted that competition in the Smart Phone market in mainland China is intensifying, but is optimistic about the growth potential of the iPhone in the 2026 fiscal year, mainly due to new product innovations with the iPhone 17 and 18, as well as the stronger capabilities of Apple Intelligence in new markets.
Express News | Apple: Some users may be unable to access iCloud Mail.
Bond Investors Are Trimming 'Magnificent Seven' Holdings - With One Exception
Epic Games adds third-party games to its app store, continuing the fight against Apple and Google.
On January 24, according to Gelonghui, Game Publisher Epic Games has added third-party games to its new app store, deepening the dispute between the company and Apple and Google over app store fees. Epic Games announced on Thursday that the newly added games are among the first mobile games developed by external developers to appear on the Epic Games Store, including games that can be played on Global Google Android devices and Europe Apple iOS devices, some of which are free. The Epic Games Store was first launched in August.
Top 20 in transaction volume | Netflix rose over 3%, soaring nearly 10% on the previous trading day; GE Aviation rose over 6%, with Q4 performance exceeding expectations.
Ranked 6th, Netflix rose by 3.24%, with a trading volume of 7.568 billion USD; ranked 16th, GE Aviation rose by 6.60%, with a trading volume of 2.911 billion USD; ranked 18th, ARM fell by 7.43%, with a trading volume of 2.731 billion USD.
Trump at Davos: EU Has Treated American Big Tech 'Very, Very Unfairly'