Apple Watch Ultra 3 Announcement Unlikely At Monday's 'Glowtime' Event, Says Top Analyst: 'I Also Wouldn't Rule Out…'
Portfolio Pulse from Ananya Gairola
Apple is not expected to announce the Watch Ultra 3 at its 'Glowtime' event, according to analyst Mark Gurman. Instead, the Apple Watch Ultra 2 may continue with a new black color option. The event will likely focus on the iPhone 16 series and other products.
September 09, 2024 | 3:09 am
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NEUTRAL IMPACT
Apple is unlikely to announce the Watch Ultra 3 at the upcoming 'Glowtime' event, focusing instead on the iPhone 16 series and other products. This may not significantly impact Apple's stock as expectations are already priced in.
The lack of a new Watch Ultra 3 announcement may not significantly impact Apple's stock as the market has already priced in the expectations for the event. The focus on the iPhone 16 series, which is anticipated, suggests limited short-term stock movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100