Apple Seen Having Strong Holiday Sales. Stock Hits Record High.

Blockhead12-24 03:15

Apple (AAPL) stock notched a record high on Monday after a Wall Street analyst said the consumer electronics giant is likely to have strong holiday season sales. Wedbush Securities analyst Daniel Ives...

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Stock Hits Record High.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-24 03:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/apple-stock-record-high-strong-holiday-sales/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (AAPL) stock notched a record high on Monday after a Wall Street analyst said the consumer electronics giant is likely to have strong holiday season sales.\nWedbush Securities analyst Daniel Ives...</p>\n\n<a href=\"https://www.investors.com/news/technology/apple-stock-record-high-strong-holiday-sales/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.investors.com/news/technology/apple-stock-record-high-strong-holiday-sales/","article_id":"2493938797","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/12/Stock-Apple-Bags-company-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493938797","pubTimestamp":1734981358,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Apple stock notched a record high after a Wall Street analyst said the consumer electronics giant is likely to have strong holiday season sales.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果假日销售强劲。股票创下历史新高。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1},"content_text":"Apple (AAPL) stock notched a record high on Monday after a Wall Street analyst said the consumer electronics giant is likely to have strong holiday season sales.\nWedbush Securities analyst Daniel Ives reiterated his outperform rating on Apple stock with a 12-month price target of 300.\n\n\n\n↑\nX\n\n\n\n\nDanger Ahead: This Sell Signal Tells You When To Get Out Of A Highflying Stock\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nDanger Ahead: This Sell Signal Tells You When To Get Out Of A Highflying Stock\n\n\n\n\nOn the stock market today, Apple stock jumped to a record high of 255.65 after the opening bell. But it couldn't hold those gains.\nIn recent trades, Apple stock was down a fraction to 254.25.\nIn a client note before the market open, Ives said he believes Apple will reach a $4 trillion market cap in early 2025. On Monday, its market cap was $3.84 trillion.\nApple should benefit from an AI-driven upgrade cycle, which is just getting started with the iPhone 16, Ives said.\n\"We would characterize demand for iPhone 16 so far since its September launch as slightly ahead to generally in line with expectations globally,\" Ives said. \"We believe Apple is set to have a strong holiday season ahead as iPhone 16 upgrades across its installed base are trending well into Christmas, based on our recent Asia supply chain checks.\"\nApple Stock On Tech Leaders List\nApple has an installed base of 1.5 billion iPhones with about 300 million iPhones in the window of an upgrade opportunity, he said.\nIves noted that Apple is slowly rolling out artificial intelligence features for its iPhones, starting with English-language markets.\n\"Importantly, Apple Intelligence has not rolled out in China or many other countries with April the likely timetable for these AI launches along with a Chinese tech partner also named very soon to catalyze the timing of this rollout in this key region,\" Ives said.\nLast week, Reuters reported that Apple is in talks with Chinese tech firms Tencent (TCEHY) and ByteDance about using their AI models in its iPhones in China.\n\"This will be a multiyear AI journey that will define the future for Apple with its next generation chip architecture, hardware releases, and future iPhone models built around the AI foundation that many consumers will ultimately embrace,\" Ives said.\nApple stock is on the IBD Tech Leaders list.\n\nFollow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.\nYOU MAY ALSO LIKE:\nNvidia, AI Chip Stocks Get Lift From Bullish Morgan Stanley Report\nAI Fueling Duolingo's Next Growth Phase, Analyst Says\nSee Stocks On The List Of Leaders Near A Buy Point\nFind Winning Stocks With MarketSurge Pattern Recognition & Custom Screens\nJoin IBD Live For Stock Ideas Each Morning Before The Open","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493938797"}