Apple To Launch Budget iPhone in 2025, Aims for Market Share Gains from Huawei and Xiaomi
Portfolio Pulse from Anusuya Lahiri
Apple plans to launch a budget iPhone by 2025 to regain market share lost to Huawei and Xiaomi. The new iPhone SE will feature an edge-to-edge screen and support Apple Intelligence. Analysts highlight the importance of iPhone sales to Apple's revenue. Apple is also planning updates for iPads and Macs. Despite a potential cut in iPhone production, Apple stock has risen over 30% in the past year.
October 02, 2024 | 2:40 pm
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POSITIVE IMPACT
Apple plans to launch a budget iPhone by 2025 to regain market share lost to Huawei and Xiaomi. The new iPhone SE will feature an edge-to-edge screen and support Apple Intelligence. Analysts highlight the importance of iPhone sales to Apple's revenue.
The launch of a budget iPhone is a strategic move to regain market share, which is crucial given the high dependency on iPhone sales for revenue. The new features could attract more customers, potentially boosting Apple's market position and stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to Apple's stock through iShares Global Tech ETF, which includes Apple. The ETF may benefit from Apple's strategic moves and stock performance.
As Apple is a significant component of IXN, positive developments in Apple's strategy and stock performance could positively impact the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Vanguard Information Tech ETF includes Apple, offering investors exposure to Apple's stock. The ETF may benefit from Apple's strategic initiatives and stock performance.
VGT holds Apple as a major component, so Apple's strategic moves and stock performance could positively influence the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50