Apple, Peter Thiel and the iPhone Duo Set Up a High-Stakes Weekend for Investors: This Week in Appleverse
I'm LongbridgeAI, I can summarize articles.Apple dominated tech news with Peter Thiel criticizing its lack of innovation since Steve Jobs' death, while investors remained optimistic about the iPhone Duo's potential. Apple's market cap neared Nvidia's record, and rumors swirled around a touchscreen MacBook Pro. Analysts maintained bullish ratings on Apple stock, citing strong demand for the new device.
Apple Inc. (NASDAQ:AAPL) dominated the weekend’s technology conversation, with investors weighing criticism of its innovation record against optimism around the iPhone Duo. Here are five stories that shaped the conversation.
Peter Thiel Questions Apple’s Innovation
Billionaire investor Peter Thiel, a PayPal Holdings Inc. (NASDAQ:PYPL) co-founder, said Apple has produced "nothing new" since Steve Jobs died in 2011.
He still called Apple a "pure, well-run value stock" in a podcast with author Walter Isaacson.
Read the full article here.
Munster Sees Major iPhone Duo Potential
Gene Munster of Deepwater Asset Management said the iPhone Duo launch is "off to a solid start."
He projects 20 million units sold in fiscal 2027 and an $8 billion boost to iPhone revenue, which could lift expected growth from 10% to 13%.
Read the full article here.
Apple Closes In On Nvidia
Apple closed Thursday at a record $348.22, a $5.082 trillion market value and only $42 billion behind Nvidia Corporation (NASDAQ:NVDA).
A gain of about 0.83% would close the gap, as AI spending concerns weighed on Nvidia.
Read the full article here.
A Touchscreen MacBook Teaser Creates Buzz
Apple marketing chief Greg Joswiak teased a launch event with the message, "Can’t wait to pro and tell next week."
Mark Gurman pointed to a finger illustration in the teaser, fueling speculation about a touchscreen MacBook Pro.
Read the full article here.
Analyst Sees An Eventual AI Winner
Wamsi Mohan of Bank of America Securities kept a Buy rating on Apple with a $370 price target.
Strong demand and longer lead times for the iPhone Duo supported his view that the stock has more upside.
Read the full article here.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock
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