Good News for Apple Inc.'s Upcoming iPhones
Beginning with the iPhone 7 generation, Apple (NASDAQ: AAPL) has decided to dual-source cellular modems from two vendors, rather than rely on a single vendor for the supply of this crucial component.
Those two vendors are Qualcomm (NASDAQ: QCOM), which is generally regarded as the market leader in wireless chips, and Intel (NASDAQ: INTC), which infamously failed to become a major player in the broader mobile processor market.
Image source: Intel.
Source: Fool.com
Apple Inc. Stock
€202.75
0.500%
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 2.59% for Apple Inc. compared to the current price of 202.75 €.
