China's Vice Commerce Minister Discusses Opportunities with Apple's COO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Increased Cooperation Opportunities: China's Vice Commerce Minister Li Chenggang met with Apple's COO Sabih Khan, emphasizing that China will provide greater opportunities for foreign companies, including Apple, aiming to attract foreign investment and boost economic growth.
- Market Development Expectations: Li expressed hope that Apple would continue collaborating with Chinese partners to further develop the Chinese market, which not only aids Apple in expanding its market share but also supports the growth of China's high-tech industry.
- Policy Support Commitment: This meeting underscores the Chinese government's supportive stance towards foreign enterprises, which is expected to enhance foreign companies' confidence in China and promote increased investment inflows, aiding economic recovery.
- Positive Signal for US-China Relations: Amidst tensions in US-China trade relations, this meeting sends a positive signal that may help alleviate economic friction between the two countries and stabilize bilateral trade relations.
AAPL
$273.67+Infinity%1D
Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAPL is 289.17 USD with a low forecast of 225.00 USD and a high forecast of 345.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
35 Analyst Rating
21 Buy
12 Hold
2 Sell
Moderate Buy
Current: 272.190
Low
225.00
Averages
289.17
High
345.00
Current: 272.190
Low
225.00
Averages
289.17
High
345.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV and Apple Vision Pro.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
