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Good News for Apple Inc.'s Upcoming iPhones


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.

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Source: Fool.com

Apple Inc. Stock

€270.95
0.020%
With only a change of €0.050 (0.020%) the Apple Inc. price is nearly unchanged from yesterday.
Our community is currently high on Apple Inc. with 74 Buy predictions and 7 Sell predictions.
As a result the target price of 282 € shows a slightly positive potential of 4.08% compared to the current price of 270.95 € for Apple Inc..
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