Ahead Of iPhone 15 Launch, Analyst Says Apple-Huawei Rivalry Good News For Consumers
Portfolio Pulse from Shanthi Rexaline
Apple Inc.'s stock was affected last week due to the potential competitive threat posed by Huawei's new phone. However, an analyst from TFI Securities sees this as good news for consumers, as it could force Apple to innovate more aggressively. Apple's iPhone 15 models are the first smartphones to adopt stacked CIS, a low-power imaging device. If there had been no U.S. ban, Huawei would have been the first to adopt this technology. Apple's iPhone 15 launch event is scheduled for Tuesday.
September 10, 2023 | 12:50 pm
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Apple's stock was affected by the competitive threat from Huawei's new phone. However, this could lead to more aggressive innovation from Apple, potentially benefiting the company in the long run.
The news of Huawei's new phone posed a threat to Apple, causing a temporary dip in the stock. However, this competition could force Apple to innovate more aggressively, which could potentially benefit the company in the long run. The upcoming iPhone 15 launch could also positively impact the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100