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.

Apple Seeds Third Beta of macOS Sequoia to Developers

Apple today seeded the third beta of upcoming an upcoming macOS 15 Sequoia update to developers for testing purposes, with the software coming two weeks after the release of the second beta, which added iPhone Mirroring support. Registered developers can …