Apple stock falls amid OpenAI’s acquisition of Jony Ive’s startup

Goldman Sachs Reiterates Buy Rating on Apple (AAPL) Following Tariff News

May 23, 2025 10:19 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "BOTTOM LINE: AAPL is trading down 3% in pre-market trading on 5/23/2025 following a post on Truth Social that President Trump stated AAPL would... More

Citi on Possible Impact to Apple (AAPL) from 25pct Tariff: 'we estimate about 130bps incremental gross margin impact'

May 23, 2025 10:13 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $240.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "News reported that President Trump said he would impose at least 25% tariffs on Apple if iPhones sold in the US are not manufactured in... More

Apple (AAPL) iPhone Could Run ~$3,500 - Wedbush's Dan Ives

May 23, 2025 9:06 AM EDT

Apple (NASDAQ: AAPL) iPhone Could Run ~$3,500 - Wedbush's Dan Ives

"...translate into iPhone prices of ~$3,500 if it was made in the US which is not realistic as this would take 5-10 years to shift production to the US. We... More

Wedbush on Apple (AAPL): 'We believe the concept of Apple producing iPhones in the US is a fairy tale that is not feasible'

May 23, 2025 8:21 AM EDT

Wedbush analyst Daniel Ives reiterated an Outperform rating and $270.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "A few minutes ago President Trump posted on Truth Social in an eye-opening post that he will put a tariff on Apple of at least 25% after the company made strategic moves to ramp its iPhone production to India away from China. "I have long ago informed Tim Cook of Apple that I... More

Goldman Sachs Previews Apple (AAPL) WDC 2025: 'we believe AAPL will need to demonstrate further success with Apple Intelligence'

May 21, 2025 2:59 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Bottom line: Apple's WWDC 2025 Keynote will take place on June 9 at 1pm ET (10am PT). We expect AAPL to demonstrate continued progress toward incorporating AI into its operating systems through developer access to its AI models for app development (building on year-ago's availability of... More

Goldman on Apple (AAPL) and Fortnite Entanglement: 'Following our review of the new app's external payment flow, we came away less concerned about the potential impact from these changes'

May 21, 2025 2:30 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Bottom line: Fortnite has returned to the App Store following a court order, after a nearly 5 year-ban. The Fortnite app includes options for external payments, bypassing Apple's In-App Payments and platform fees. Following... More