Crying Horse Plushie Sells Out Amid China's Economic Gloom
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: Newsfilter
- Crying Horse Plushie Sales: The frowning horse plushie, mistakenly sewn by a factory worker, has become a bestseller in China during the Year of the Horse, reflecting societal stress and economic downturn, with sales indicating consumer anxiety about the future.
- App Removal: The app “Are You Dead?” by Beijing-based Moonscape Technologies, which gained popularity in Apple's App Store, was removed at the request of China's cybersecurity watchdog for failing to comply with public order and moral standards, highlighting government sensitivity to societal pessimism.
- Increasing Loneliness: With one in six households being single-person, and the marriage rate hitting a 45-year low of 4.3%, designs like McDonald's dine-in cubbies have gained popularity, indicating a growing trend of solitude among young people and the elderly.
- Reflection of Social Sentiment: Customers express that the crying horse plushie symbolizes their inner bitterness and sense of unfairness, indicating a rising demand for emotional expression amidst economic pressures.
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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 299.69 USD with a low forecast of 230.00 USD and a high forecast of 350.00 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.
32 Analyst Rating
19 Buy
11 Hold
2 Sell
Moderate Buy
Current: 259.480
Low
230.00
Averages
299.69
High
350.00
Current: 259.480
Low
230.00
Averages
299.69
High
350.00
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, Apple Vision Pro and others.
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.
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