#APPLE WWDC KICKING OFF UPGRADE#
#APPLE WWDC KICKING OFF PRO#

#APPLE WWDC KICKING OFF UPGRADE#

Along with recent news out of China, Apple faces a challenged upgrade cycle amid signs of softening consumer spending. The stock's historical performance also suggests it's entering a slightly weaker period. Apple has been very consistent in its build quality, software updates, and in turn, market share gain.' What it means for Apple shares Looking ahead, Wall Street sees a positive setup for Apple shares over the long term, but those tailwinds could take time to play out. 'As in recent history, and unlike at WWDC with the unveiling of the Apple Vision Pro, we expect a quiet new product launch and lacking in the 'wow' factor,' said Jefferies analyst Andrew Uerkwitz, referringto Apple's Worldwide Developers Conference. Raising prices could lift iPhone revenue estimates by 6% to 8%, said CFRA's Angelo Zino in a recent note.

#APPLE WWDC KICKING OFF PRO#

Long expects a $50 to $100 increase for the iPhone 15 Pro and a $100 to $200 hike for the Pro Max model. New Pro features have many analysts bracing for price hikes to Pro models. Some analysts expect the updated Apple Watch to offer an improved battery and new band colors.

Even in the U.S., 'We think there will be headwinds to units as Pro model ASPs are set to increase against the weaker macro backdrop.' Wall Street expects this year's iPhone to include minor updates, including a refreshed internal processor, frame and USB-C ports, while Pro models could include an upgraded camera, battery and processor. AAPL mountain Apple shares since the start of September 'We believe key to watch this year will be any impact on demand from price increases for Pro models,' said Barclays analyst Tim Long in a note Monday, referring to average selling prices. Shares are down 4.4% this month but have rallied about 38% year to date. Apple pulled back 6% last week following reports that China banned the use of iPhones at government agencies and at state-owned enterprises where, in any case, the economy is weaker and consumer spending is slowing. Apple's launch event, during which it's expected to introduce the iPhone 15 and Apple Watch Series 9, comes amid a tough backdrop for the stock in recent sessions.

Apple's stock tends to outperform six months following an iPhone launch, but moves in line with the market within one to three months following the event, according to Morgan Stanley analyst Erik Woodring. Personal Loans for 670 Credit Score or LowerĪpple is widely expected to roll out a new iPhone at its 'Wonderlust' launch event Tuesday, and if history is any guide, there may be no better time to consider snatching up shares. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

Apple wwdc kicking off