Apple Leaks Expose Expensive All-New iPhone

A slim iPhone would allow Apple to lean into one of the unique selling products of the iPhone; the mystique of the brand and the power of fashion. Those who want to be seen to have the latest and greatest will lust after a slim iPhone.

Analysts reboot Apple stock price target on AI, buyback

Needham analyst Laura Martin cited the buyback when she raised the firm’s price target on Apple to $260 from $220 and kept a buy rating on the shares. The analyst said the decision to buy back $110 billion in stock comes at a time when other large tech names are spending $50 billion to $100 billion on Gen-AI infrastructure.