Apple Analysts Mixed After Glowtime Event: iPhone 16 Could 'Drive Upgrades,' But 'Next Year Will Be Better'
Portfolio Pulse from Chris Katje
Apple's recent Glowtime event left analysts with mixed reactions. While some see potential in the iPhone 16 and Apple Intelligence, others believe the real upgrades will come next year. Analysts have varied price targets, with some maintaining a neutral stance. The event's highlights include healthcare features and stable pricing, but the staggered rollout of Apple Intelligence and lack of surprises were noted as negatives.
September 10, 2024 | 4:32 pm
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Apple's Glowtime event received mixed reviews from analysts. While some see potential in the iPhone 16 and Apple Intelligence, others believe significant upgrades will come next year. Analysts have varied price targets, with some maintaining a neutral stance. The event's highlights include healthcare features and stable pricing, but the staggered rollout of Apple Intelligence and lack of surprises were noted as negatives.
The mixed analyst ratings and price targets indicate uncertainty about Apple's short-term performance. While some analysts are optimistic about the iPhone 16 and Apple Intelligence, others are cautious, expecting more significant upgrades next year. The event's lack of surprises and staggered rollout of new features contribute to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100