THREE THINGS FOR APPLE $AAPL TODAY:
- Apple lost a lawsuit with the EU and now has to pay $14B of back taxes to Ireland, they’ve been fighting this lawsuit since 2014 (lmfao)
- Huawei unveiled a trifold phone…a phone that has 3 screens and folds….3M people preordered it…investors are thinking the iPhone 16 will have real competition in China
- Post iPhone event, Needham today kept their buy rating with a $260 PT but said: “We did not see any compelling use case shown by Apple yesterday that would get consumers to buy an iPhone 16."
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