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iPhone 16 Sales Surge 20% in China, Boosting Apple's AI-Driven Growth Outlook
In the first three weeks, iPhone 16 sales in China have surged a hearting 20% YOY, underscoring a proverbial "renaissance of growth" for Apple (AAPL, Financials), says Wedbush Securities. Strong performance highlighted by analyst Dan Ives points to a major comeback in the Chinese market.
iPhone China sales show 'renaissance of growth has begun' for Apple: Wedbush
This morning's report that iPhone 16 sales rose 20% year-over-year in the first three weeks in China suggests a "renaissance of growth has begun" for Apple (NASDAQ:AAPL), Wedbush Securities said. Shares rose 1.
Apple Growth Renaissance Has Begun With iPhone 16: Dan Ives
Dan Ives, senior equity analyst at Wedbush Securities, examines sales of Apple’s newest iPhones in China rising 20% in their first three weeks compared with 2023’s model. (Source: Bloomberg)
Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says
Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features
Apple's new iPhone sales in China jump 20% in first 3 weeks, Counterpoint says
Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to data from research firm Counterpoint.
Apple Shares Rise In Premarket Amid Strong iPhone 16 Sales In China
A report published by market intelligence firm Counterpoint showed that iPhone 16 sales in China were 20% higher in the first three weeks after launch compared to last year’s model.
Apple's iPhone 16 sales surge 20% in China since debut - report
Apple's (AAPL) new iPhone 16 series shipments in China jumped 20% in their first three weeks compared to the iPhone 15 models in 2023.
11h
on MSN
Dan Ives Expect $1 Trillion in Artificial Intelligence (AI) Infrastructure Spending in the Next 3 Years. Here's My Top Pick to Benefit
Investing into these types of products falls under an accounting category called capital expenditures (capex). During a ...
1d
on MSN
Acquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan Ives
Dan Ives, Wedbush Securities managing partner, joins 'Squawk Box' to discuss news of Uber exploring a possible bid for the ...
8h
on MSN
Tech Bull Says Investors Should Take 'Advantage' Of Amazon Stock's 'Period Of Relative Underperformance' Ahead Of Q3 Earnings
Why It Matters: Goldman Sachs analyst Eric Sheridan anticipates Amazon to report a solid mix of revenue growth and operating ...
Finbold | Finance in Bold
8d
Dan Ives sees $1 trillion Tesla valuation amid Robotaxi Day hype
Dan Ives of Wedbush sees a $1 trillion valuation for Tesla on FSD and AI alone — saying that this could end up being its ...
8d
Could the New Robotaxi Earn Tesla a Trillion Dollars? Maybe. But Its Broader Impact Could Be Bigger
A true self-driving taxi, sold on a vast scale, could change much more than Tesla’s fortunes and the EV industry.
3d
on MSN
Tesla Is the Most Undervalued Artificial Intelligence (AI) Stock Right Now, According to a Top Wall Street Analyst. I'm Not Sure I Agree.
The company's Cybercab event was supposed to stoke enthusiasm for the company's future, but shares sank 8% the following day.
Finbold | Finance in Bold
2d
Wall Street expert reveals three companies to hit $4 trillion in 2025
Wedbush's Dan Ives recently identified the three companies most likely to be the first to hit a valuation of $4 trillion in ...
15d
OpenAI's Latest 'Eye-Popping' Valuation Ignites Analyst Expectations For 'Tidal Wave' Of AI Spending
Analyst Dan Ives is out with a new note highlighting recent news from OpenAI and Nvidia supporting Wedbush's AI revolution ...
Insider Monkey
29d
Wedbush’s Dan Ives Says Microsoft (MSFT) Is One of the Top Stocks for AI Revolution
Wedbush
analyst
Dan
Ives
has yet again reiterated his claim that the AI boom represents the fourth industrial revolution and the AI party is just getting started. “While we recognize the bumpy ...
8d
What Wall Street Expects Tonight
Wall Street analysts are weighing in on Tesla’s Robotaxi Day. Here’s what they think will happen tonight. Dan Ives, Wedbush ...
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