US Stock Market Update: Apple (AAPL.US) Surges 3% as Analyst Predicts 25% Foldable iPhone Market Share by 2026

Stock News07-24 23:26

On Friday, shares of Apple (AAPL.US) climbed 3% to $331.38.

A new report from market research firm Counterpoint Research indicates that the foldable smartphone market is on track for a major shift in 2026, with Apple expected to launch its first foldable iPhone that year. The firm forecasts that within the first year of entering the market, Apple could rapidly capture 25% of the foldable segment, becoming a pivotal force that reshapes the competitive landscape.

In other news, market sources suggest Apple is developing a next-generation MacBook Neo, which will be powered by the A19 Pro chip. In terms of performance, the A19 Pro is reportedly about 10-15% faster than the A18 Pro in both single-core and multi-core CPU tests. The improvement in GPU performance is said to be even more pronounced, with benchmark tests showing a performance boost of up to 40% for the A19 Pro.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment