See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/22/2026 | 348.22 |
| Change that session | +1.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Apple Reportedly Increases iPhone Duo Production Orders by 30% Following Launch Demand
Apple has reportedly asked suppliers to increase iPhone Duo orders by 30% after demand exceeded initial stock, according to a Monday report by Taiwan's Economic Daily citing industry sources. The foldable device went on sale globally on Friday and reportedly sold out almost immediately, with the next round of shipments not expected to begin until 22 January. Estimated shipments for this year have reportedly risen from about 6 million units to between 8 million and 10 million, and the report projects 33 million units by 2027, though that is a projection rather than a confirmed target. Foxconn assembles the device and TSMC makes its main processor, and the iPhone Duo is priced well above comparable foldables from Samsung and Google. The report did not disclose the size of the initial inventory, so the sell-out does not reveal total purchase volume.
- Apple seeks more iPhone Duo supplies amid strong demand for debut foldable- report
Apple has asked suppliers to raise production and increase orders for the iPhone Duo by 30%, according to a Taiwan's Economic Daily report on Monday, citing strong demand for the company's first foldable phone. The device nearly sold out right after going on sale on Friday, and a second wave of shipments is only expected to begin on January 22. Estimated iPhone Duo shipments this year have risen from about 6 million units to between 8 and 10 million, with 33 million units expected by 2027. The phone is assembled by Foxconn, uses a core processor made by TSMC, and is priced well above comparable offerings from Samsung and Google.
- Is Demand for Apple’s iPhone 18 Pro Weakening? Jefferies Reports Shorter Delivery Times and Order Cuts
Jefferies, citing a note from analyst Edison Lee published Monday, says demand for the iPhone 18 Pro and Pro Max keeps weakening, based on delivery times, resale prices and supply-chain information. In China, delivery time is now zero days versus six and 25 days for last year’s Pro and Pro Max, PDD has offered discounts of about 6% and 9% since October 16, and resale prices have fallen below original retail. Supply-chain contacts say Apple has cut orders for some components by 10% to 15%, including 2-nanometre chips, though the net reduction in final assembly orders is about 2 million units. iPhone volumes in China rose more than 40% in the first two weeks of shipments before moderating to about 8% in early October, partly due to discounted sales of remaining iPhone 17 Pro and Pro Max inventory. For the foldable Duo, delivery lead times exceed 90 days after pre-orders opened on October 16, and Jefferies estimates shipments could reach 6 million to 7 million units in 2026.
- Global PC Shipments Fall 21% in Q3 as Memory Prices Surge; Forecasts Point to Steeper 27% Drop in Q4
Global PC shipments fell 21% year on year to 57 million units in Q3 2026, from 72.2 million a year earlier, as rising memory and component prices pushed buyers to delay replacements. Excluding ASUS, all major vendors posted double-digit declines, with HP the worst at 31%, while Lenovo kept the lead with 15 million units and a 26.3% share. Counterpoint Research expects Q4 shipments to drop 27% year on year and 2027 volumes to be broadly flat versus 2026. It said DRAM and NAND price increases will soften by the first half of 2027, though that is only an estimate, while Micron expects shortages to persist until 2028.
- Apple Reportedly Raised Its iPhone Duo Target 44%. Here's What November 2 Has to Show
DigiTimes reported on October 22, citing supply chain sources, that Apple raised its 12-month iPhone Duo target from 9.7 million to 14 million units, though Apple has not confirmed it. Estimates for calendar 2026 are lower, around 8 to 9 million units per JPMorgan, and Apple says stores will have only limited walk-in stock when the Duo reaches shelves on October 23. Results for the fiscal fourth quarter on November 2 won't reflect the Duo, which falls in the December quarter, where Street expects revenue around $153 billion, up about 7%, and operating income up only about 0.5%. Shares closed at $343.99 on October 21, above the average Wall Street target of around $328, while the services business ($109.2 billion in fiscal 2025) faces fee pressure in the UK and Australia.
- iPhone Duo preorder surge prompts Apple to raise shipment targets, DigiTimes says
Apple has asked suppliers and Foxconn to raise 12-month shipment targets for its debut foldable iPhone Duo by 44% to 14 million units, up from an initial 9.7 million, according to DigiTimes. Preorder delivery times already stretch into 2027, and rumors of purchase caps to curb resale have emerged. Meanwhile, demand for the premium iPhone 18 Pro, which starts at $1,355, appears softer, and Largan Precision flagged early autumn order cuts. DigiTimes forecasts global foldable phone shipment growth accelerating from 25.7% in 2026 to 59.1% in 2027, driven largely by Apple's entry into the segment.
Related markets
Latest news
- JetBlue posts bigger loss on fuel costs, but CEO says margins improving
JetBlue posted a third-quarter net loss of $257 million, wider than the $143 million loss a year earlier, as its fuel bill rose 61% to $868 million. CEO Joanna Geraghty said resilient demand and strong yields pushed revenue well above initial expectations, a momentum that has carried into the fourth quarter, while average fares rose more than 19% to $245.11. Shares jumped roughly 11% in after-hours trading Monday after falling to a new low, and the carrier ended the quarter with $2.2 billion in liquidity and $8.4 billion in total debt. The Wall Street Journal reported that a group of senior creditors is working with PJT Partners, while CFO Ursula Hurley said the company aims for at least $1 EPS and positive free cash flow in 2028. A judge blocked both the Spirit Airlines acquisition and the American Airlines partnership, and JetBlue now has a partnership with United Airlines.
- Why Google might avoid an earnings 'reckoning' this week
According to D.A. Davidson analyst Gil Luria, Google (GOOG) has several advantages ahead of this week's earnings that Meta (META) lacked after its negative surprises. Google already did some fundraising and signaled a significant increase in capex for next year when it reported Q2, so that concern may be behind it. Co-founders Sergey Brin and Larry Page moved out of California before the 1/1/26 cutoff and may avoid selling shares, letting investors focus on Google Cloud growth driven by Anthropic. Meta posted negative free cash flow for the first time since 2012 amid aggressive AI spending and created a nonvoting Class C stock, effectively a 2-for-1 split, with trading slated for January 2027. Meta shares have faced pressure over fears that Zuckerberg may have to sell shares to pay his Prop 40 tax bill, while Luria says Google ranks second or third in each AI market.
- 1 small-cap stock to target this week and 2 we find risky
The article highlights ANF (market cap $6.61 billion), a specialty retailer selling its own fashion brand to young adults, as a small-cap stock worth noting this week, while ASAN and PIPR are grouped as risky. ASAN (market cap $2.75 billion, priced at $11.83) posted average ARR growth of 9.5% over the last year and a 96.5% net revenue retention rate, which the article links to customer churn from commoditized software and long sales cycles caused by customization for large enterprise clients. It trades at about 3x forward price-to-sales. PIPR (market cap $4.34 billion, $64.58 per share) saw annual revenue growth of 5% over the last five years and EPS growth of 3.3%, which the article notes trailed its revenue gains, and it trades at 13.3x forward P/E.
- Tesla Isn't a Hyperscaler. Why the AI Bears Are Misreading Its $5 Billion Capex Cut.
Tesla lowered its 2026 capital expenditure (capex) forecast from more than 25 billion USD to approximately 20 billion USD, CFO Vaibhav Taneja said on the third-quarter earnings call. The move does not mean Tesla is backing away from AI, as it continues to develop Full Self-Driving, expand its Cybercab robotaxi program, and work on Optimus robots, but it does not need to build data center capacity on the scale of Amazon Web Services or Azure. Third-quarter revenue was 28.05 billion USD, essentially unchanged from a year earlier, while operating margins narrowed from 5.8% to 2.6%. Tesla still generated 1.53 billion USD in free cash flow during the quarter and ended September with more than 45 billion USD in cash and investments. The article argues the cut reflects timing rather than intent, since management expects capital spending to rise in coming years.
- Quantum computing could 'brute force break' most banks' encryption
Algorand CEO William Herkelrath says quantum computing could let brute-force attacks break most banks' current encryption, so every system will need upgrading. He says the threat is on the horizon, with estimates ranging from two to three years or sooner. He notes government mandates in Europe and the United States, and that 2027 CISO budgets already include related line items. Federal agencies have until October 22 to submit upgrade plans, which cover databases, messaging systems and authenticator apps. He hopes the costs will not fall on consumers and says his company is getting more inbound interest than before.
- Is CoreWeave a Screaming Buy Right Now? 3 Reasons the Stock Could Hit $100 Before the End of the Year.
CoreWeave (CRWV) stock fell 41% in less than three weeks as investors grew skeptical of AI infrastructure build-out costs, after its bond yields reached as high as 15% and some anticipated bankruptcy. The article argues the sell-off could be an attractive buying opportunity and gives three reasons the stock could reach $100 by year-end. First, AI compute demand still outstrips supply, with Amazon saying its cloud capacity is nearly sold out through 2027. Second, Nvidia is a major investor, taking a $2 billion stake in January and agreeing to buy up to $6.3 billion in unused capacity through 2032. Third, interest rates have eased from their peak, and third-quarter earnings expected on Nov. 11 could show revenue up 159.4% to $3.54 billion.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.