Apple Shares Are Up Today: What You Need To Know
Portfolio Pulse from Vaishali Prayag
Apple Inc. (NASDAQ:AAPL) shares rose by 1.72% on Tuesday amid discussions about the future performance of upcoming iPhone models and the AI-driven smartphone market. Analyst Ming-Chi Kuo reported a slowdown in Samsung Galaxy S24 shipments, raising questions about the demand for AI-capable smartphones, including the anticipated iPhone 16 series. Despite some concerns, analysts like Daniel Ives from Wedbush remain optimistic about the new iPhone models.

August 13, 2024 | 8:09 pm
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Apple shares rose by 1.72% amid discussions about the future performance of upcoming iPhone models and the AI-driven smartphone market. Analysts have mixed views on the demand for the anticipated iPhone 16 series.
The rise in Apple shares is attributed to discussions about the future performance of upcoming iPhone models and the AI-driven smartphone market. Despite mixed analyst views, the overall sentiment appears positive, contributing to the stock's upward movement.
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