'Thinnest iPhone Ever': Apple Stock (NASDAQ:AAPL) Slips on Early Word of Hardware Reveals
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The reveal event will be in just a few weeks, with September 9 slated to be the big day. Expected to appear at the event are updates for the Apple Watch, for AirPods, and the iPhone 17 lineup. In a point that demonstrates why some people are getting tired of the whole Apple phenomenon, the iPhone 17 models are expected to boast '…bigger screens and improved cameras.'
One point, however, is catching particular interest ahead of the big reveal. Reports suggest that the next iPhone line could include the iPhone Air, which is set to replace the iPhone Plus line. The iPhone Air is said to be an 'ultra-thin iPhone,' which would make it Apple's '…slimmest phone ever.' The iPhone 17 is also set to get a bit of a makeover, with a 6.3 inch screen to bring it more in line with the Pro and Pro Max models. And, the iPhone 17 is also set to have a 120Hz display. That's stepped up substantially from the original 60Hz display, and that makes a huge difference in home theater circles. Whether or not it works in a smartphone display, though, is more a matter of personal taste.
Apple Arcade Rolls Out New Titles
But Apple is also known for its gaming chops; just ask anyone who has whiled away a few moments over Candy Crush or the like. One of the biggest arrivals is NFL Retro Bowl '26, which comes just in time for the start of football season in a few weeks. Jeopardy! Daily will also be getting a slot in the arcade, as will My Talking Tom Friends+.
Perhaps the biggest update, though, will come from an old favorite that once got a mention on South Park about 15 years before it even existed: Hello Kitty Island Adventure. The new update will be out September 18, and take players off to Wheatflour Wonderland, an area packed with ruins to explore and 'stained-glass castles' to marvel at.
Is Apple a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on AAPL stock based on 16 Buys, 11 Holds and one Sell assigned in the past three months, as indicated by the graphic below. After a 2.98% rally in its share price over the past year, the average AAPL price target of $239.18 per share implies 3.64% upside potential.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
1 Brilliant Artificial Intelligence (AI) Stock That Will Be Worth More Than Apple by 2030
Key Points AWS and advertising drive Amazon's growth. Apple hasn't released an innovative product or feature in some time. 10 stocks we like better than Amazon › Apple is the world's third-largest company by a wide margin, with a $1 trillion gap between it and fourth-place Alphabet . However, I think several companies are slated to pass Apple in market share over the next five years, including fifth-place Amazon (NASDAQ: AMZN), which is valued at around $2.4 trillion compared to Apple's $3.5 trillion. That's a wide gap to make up in five years, but looking at Amazon's growth tailwinds versus Apple's makes it fairly clear that Amazon is the much better stock pick. Amazon has two business units driving profit growth Apple's business is fairly straightforward; it's the leading consumer tech brand and generates significant revenue selling iPhones and other products in the Apple ecosystem. Amazon is a bit more complex, as it has the online store that most investors are familiar with, but that's not the best reason to invest in it. Although its online stores division posted the best quarter in a long time (revenue rose 11% year over year), the real stars of the show are Amazon Web Services (AWS) and its advertising services division. AWS is Amazon's cloud computing platform, and it is seeing strong demand fueled by the migration of traditional workloads to the cloud, as well as by new artificial intelligence (AI) workloads. AWS grew revenue by 17% year over year in Q2, which is strong growth considering it generated nearly $31 billion in revenue during the quarter. However, AWS's primary competitors (Microsoft's Azure and Google Cloud) posted stronger growth rates in their corresponding quarters, so investors are worried about AWS's long-term ability to perform in this sector despite its being the market-share leader. AWS will likely continue to underperform its peers due to its size, but 17% growth is nothing to sneer at. AWS is also a large part of Amazon's profit picture. In Q2, it accounted for 53% of Amazon's operating profits despite accounting for only 18% of revenue. Analysts still expect cloud computing to grow rapidly over the next few years, and if Amazon surpasses Apple in market cap, this will be a primary reason why. Advertising services is Amazon's fastest-growing segment, with revenue rising 23% year over year, an acceleration over previous quarters' growth rate. Amazon has one of the most lucrative places to advertise on the internet, as consumers are already coming to their platform to make purchases. Paying to place a product at the top of an Amazon search almost guarantees increased sales. This is worth a lot to its advertising clients and will be a key part of Amazon's investment thesis over the next few years. Amazon's margins are rising Amazon isn't a revenue growth story; it's a profit growth story. The rise of high-margin businesses like AWS and advertising services has helped Amazon boost its profit margins over the past few years. AMZN Profit Margin data by YCharts With its two high-margin business segments growing faster than other parts of its business, Amazon will naturally have elevated profit growth rates. In Q2, Amazon's operating income rose 31% year over year. Contrast that with Apple, whose Q3 FY 2025 (ending June 28) operating income increased by 11%. Amazon's profit growth rate is much faster. Over five years, a 30% growth rate will increase its operating income by 271% while an 11% growth rate increases operating income by only 69%. That would be enough to drive Amazon's profits higher than Apple's, propelling it to surpass it in size along the way. Amazon is an excellent stock pick for the next five years and a no-brainer buy at today's prices. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Keithen Drury has positions in Alphabet and Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 1 Brilliant Artificial Intelligence (AI) Stock That Will Be Worth More Than Apple by 2030 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
37 minutes ago
- Business Insider
APP vs. ACHR vs. RGTI: Which ‘Strong Buy' Growth Stock Has the Highest Upside Potential, According to Wall Street?
The optimism around artificial intelligence and many breakthrough technologies, including air taxis and quantum computing, is driving several growth stocks higher. Using TipRanks' Stock Comparison Tool, we placed AppLovin (APP), Archer Aviation (ACHR), and Rigetti Computing (RGTI) against each other to find the growth stock with the highest upside potential, according to analysts. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. AppLovin Corporation (NASDAQ:APP) Stock Ad tech company AppLovin provides AI-enhanced solutions that enable businesses to reach, monetize, and grow their audiences. The company recently reported market-beating second-quarter results, defying certain allegations made by three short sellers – Fuzzy Panda Research, Muddy Waters, and Culper Research. AppLovin is witnessing strong demand for its artificial intelligence (AI)-powered technology that enables advertisers to target mobile game users more effectively. The company impressed investors with a 77% year-over-year growth in its Q2 revenue to $1.26 billion and a 168.5% jump in adjusted earnings per share (EPS) to $2.39. Looking ahead, AppLovin stands to gain from the legal battle between Apple (AAPL) and Epic Games, as changes to the iPhone maker's App Store monetization policies are expected to benefit mobile advertisers and app developers. What Is the Target Price for AppLovin Stock? Following the Q2 print, Loop Capital analyst Rob Sanderson reiterated a Buy rating on AppLovin stock with a price target of $650. The 5-star analyst highlighted that the company reported another beat-and-raise quarter, though somewhat more muted in terms of the magnitude of upside seen in recent quarters. Sanderson noted that the majority of the 9% sequential growth in Q2 revenue was driven yet again by gaming customers, as the company 'methodically refines its offering for web-based (e-commerce) advertisers.' He views the Q3 revenue guidance as conservative. Overall, AppLovin stock scores a Strong Buy consensus rating based on 17 Buys and three Hold recommendations. The average APP stock price target of $524.78 indicates about 20% upside potential from current levels. AppLovin stock has risen more than 35% year-to-date. Archer Aviation (NYSE:ACHR) Stock Archer Aviation is a maker of electric vertical takeoff and landing (eVTOL) aircraft. ACHR stock is flat on a year-to-date basis, but has rallied more than 163% over the past year due to the optimism around eVTOL technology. The Trump administration's executive order to accelerate VTOL development and commercialization, the announcement of multiple partnerships with major companies like United Airlines (UAL), and selection as the official air taxi service for the 2028 Los Angeles Olympics have bolstered Wall Street's optimism about ACHR's growth potential. Archer Aviation is a pre-revenue company. It recently reported a larger-than-anticipated loss for Q2 2025 due to higher spending to support its growth. Nonetheless, Wall Street is optimistic about ACHR due to solid progress on key deals, including the UAE program, and its robust cash position of $1.7 billion that will enable growth investments. Is ACHR a Good Stock to Buy? In reaction to the Q2 results, Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating on Archer Aviation stock with a price target of $13. The 4-star analyst is encouraged by ACHR's plans to boost manufacturing and the production of the six additional aircraft (three of which are in final assembly), which management stated will 'either be used for FAA Certification or initial commercialization deployment.' Sheppard continues to expect the UAE to be the initial market for ACHR's eVTOL commercialization, with the company reaffirming its timeline to commercialize in the fourth quarter of 2025. The analyst also cheered Archer Aviation's expansion into hybrid VTOLs, which he believes will de-risk its business. Additionally, he continues to view the partnerships with the Department of Defense (DoD), United Airlines, and Stellantis (STLA) as important differentiators. He noted that ACHR now has the highest liquidity in the industry and has been gaining momentum by expanding its order book via its launch edition program, which aims to commercialize in select markets prior to FAA Certification. Sheppard is also optimistic about ACHR's air taxi service deal for the LA 2028 Olympics. With six Buys and two Holds, Wall Street has a Strong Buy consensus rating on TipRanks. The average ACHR stock price target of $12.06 indicates about 23% upside potential from current levels. Rigetti Computing (NASDAQ:RGTI) Stock Rigetti Computing, which boasts of being a pioneer in full-stack quantum-classical computing, recently reported underwhelming results for the second quarter of 2025. RGTI's Q2 revenue declined by about 42% year-over-year to $1.8 million, while net loss per share increased to $0.13 from $0.07 in the prior-year quarter. Despite the dismal results, RGTI remains upbeat about its growth opportunities in the lucrative quantum computing space. The company ended the second quarter with $571.6 million in cash, cash equivalents, and available-for-sale investments (with no debt), thanks to gross proceeds of $350 million from an equity offering completed in June. Rigetti is confident about the scheduled release of its 100+ qubit chiplet-based system at 99.5% median two-qubit gate fidelity before the end of this year. Is RGTI Stock a Buy, Sell, or Hold? Following the Q2 results, Benchmark analyst David Williams increased the price target for Rigetti Computing stock to $20 from $14 and reaffirmed a Buy rating, noting continued progress on the company's chiplet-based scaling strategy. The 5-star analyst highlighted that the company remains on schedule to deliver its 100-qubit multi-chiplet QPU, an important milestone on the path to quantum advantage. He added that the recent release of the Cepheus-1 system successfully met the fidelity target while significantly reducing error rates. It marked the launch of the industry's largest multi-chip quantum processor, establishing the scalability of Rigetti's architecture. Overall, Williams believes that these advancements strengthen Rigetti's roadmap toward a 1,000+ qubit system. Although management continues to see a 3 to 4-year timeline to reach the quantum advantage threshold, Williams thinks that there are meaningful opportunities to generate revenue well ahead of these targets. Rigetti Computing earns Wall Street's Strong Buy consensus rating based on seven Buys and one Hold recommendation. The average RGTI stock price target of $18.71 implies 12.4% upside potential. RGTI stock has risen 9.1% year-to-date. Conclusion Wall Street is bullish about the growth prospects of AppLovin, Archer Aviation, and Rigetti Computing. Currently, analysts see higher upside potential in Archer Aviation stock than in the other two growth stocks. Investors need to bear in mind that Archer Aviation is a high-risk, high-reward investment, with strong prospects in the eVTOL aircraft space.
Yahoo
an hour ago
- Yahoo
Tesla stock takes major hit as Europe pulls the plug on leasing options — here's what's happening
2025 has been a wild year for Tesla investors, with the company's stock experiencing many dramatic ups and downs. According to a report from TipRanks, the removal of two Tesla models from European automotive markets caused shares to drop about 2% at the end of July. The electric vehicle manufacturer announced that it would stop taking new leasing orders for the Model S and Model X throughout Europe. This sent a wave of uncertainty that some shareholders may be unwilling to wait out. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service European customers can still purchase existing inventory, but new custom orders are no longer available through Tesla's online service, TipRanks reported. This change comes shortly after a minor refresh of the vehicles, sparking speculation that the decision is related to low sales volume and a shift in European buyer preferences toward more affordable and practical EVs. Tesla has faced a growing number of challenges related to its vehicles throughout the first half of the year. In France, Tesla was slapped with an official notice after it was determined that the company was potentially misleading consumers with its marketing of the Full Self-Driving technology offered in vehicles. Perhaps even more damaging for Tesla has been its performance in many key markets across Europe. The company has reported a massive drop in car sales, especially in the U.K. and Germany. Many have attributed the company's sudden downturn to backlash over CEO Elon Musk's political activities and public disputes, which have damaged brand trust among many consumers who view Tesla as an extension of Musk himself. Ben Nelmes, founder of New AutoMotive, offered up a somewhat grim outlook for Tesla's future. "That markets shrug at poor sales numbers suggests the company's fortunes rest on their ability to bring forward workable self-driving vehicles," Nelmes told Reuters. Despite the tough road ahead for Tesla, EV sales in Europe have continued to trend upward throughout the first half of 2025. As noted by the European Automobile Manufacturers' Association, new hybrid-electric and EV registrations accounted for over 50% of the EU market share. More car drivers than ever are turning to EVs and their numerous benefits, including reduced emissions, lower operating costs, and a quieter, more enjoyable driving experience. EVs and hybrids contribute to cleaner air and can help save drivers a considerable amount of cash on fuel and maintenance. For even further savings and cleaner charging that doesn't rely on the grid, consider installing solar panels on your home. EnergySage provides a free cost comparison tool and can help its customers save up to $10,000 off installation costs. Would you be more likely to use a rideshare service that offers EV rides? Absolutely Only if it wasn't more expensive Only if the wait times weren't longer Not interested Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Sign in to access your portfolio
