This Week In Apple: iPhone 16 Expectations, Wall Street's Overreaction On Q4 Guidance And More
Portfolio Pulse from Benzinga Neuro
This week, Apple Inc. (NASDAQ:AAPL) was in the news for various reasons. The company's long-standing privacy concerns about Android were revealed in the ongoing Google antitrust trial. Apple also abandoned 'Project Fennel', an initiative to make Apple Watch and Health app compatible with Android devices. Rumors about the iPhone 16 suggest it might adopt molded glass lenses for a slimmer camera system and better optical zoom. Tech investor Gene Munster believes Wall Street's reaction to Apple's Q4 results is exaggerated. Lastly, Apple compared the performance of the new M3 chip with its predecessor, the M1, during the 'Scary Fast' launch of the M3-powered MacBooks and iMacs.
November 05, 2023 | 12:23 pm
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Apple's privacy concerns about Android, abandonment of 'Project Fennel', rumors about iPhone 16, Wall Street's reaction to Q4 results, and comparison of M3 and M1 chips could impact the company's stock price.
The news about Apple's privacy concerns about Android, abandonment of 'Project Fennel', rumors about iPhone 16, Wall Street's reaction to Q4 results, and comparison of M3 and M1 chips could have mixed impacts on the company's stock price. While the privacy concerns and abandonment of 'Project Fennel' might be seen as negative, the rumors about iPhone 16 and the comparison of M3 and M1 chips could be seen as positive. The reaction of Wall Street to Apple's Q4 results is also a significant factor to consider.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100