Amid surging memory prices, the global smartphone industry faces a challenging year ahead. However, Citi analysts believe Apple is better equipped than its rivals to handle the pressure. In a research note released Sunday night, the firm made minor downward adjustments to its fiscal 2026 and 2027 earnings estimates for the iPhone giant. Despite this, Citi maintained its Buy rating on Apple stock and kept the price target at $315. Although Apple isn’t entirely shielded from escalating component costs, its stronger position allows it to potentially capitalize on competitors’ struggles and capture additional market share.
We’re accumulating on the overwrought dips, as always. Anything in the $250s (or, dare we, below, pretty please?) is an absolute gift! – MacDailyNews, March 6, 2026/a> Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Citi reiterates a Buy rating and a $315 price target on Apple stock appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Monday, March 9, 2026
Citi reiterates a Buy rating and a $315 price target on Apple stock
Woz reflects on Apple’s journey from garage to global giant at 50
As Apple approaches its 50th anniversary on April 1, 2026, co-founder Steve Wozniak has offered a characteristically humble and insightful reflection on the company’s origins and philosophy. In a recent interview featured on CBS’s “Sunday Morning,” Wozniak shared thoughts that highlight how Apple began not with grand visions of world domination, but with a simple drive to build something meaningfully better than what existed at the time. When asked about the roots of Apple, Wozniak quipped with his signature humor: “Well, it kind of started when I was born.” He quickly added more seriously, “Steve Jobs wanted a company and he did it, and I was his resource.” This lighthearted yet revealing comment underscores the dynamic between the two Steves: Jobs as the visionary entrepreneur and driving force, and Wozniak as the brilliant engineer whose technical innovations (most notably the groundbreaking Apple I and Apple II) provided the foundation.  Wozniak emphasized that Apple never set out to predict or shape the distant future in the way it ultimately did. Instead, the company’s early ethos was grounded in incremental, immediate progress. “We didn’t foresee the future the way it turned out,” he explained, “but we said for today, we’re taking a step forward ahead of others.” This mindset of focusing on creating products superior to the competition helped propel Apple from a garage startup in 1976 to one of the most influential and valuable companies in history. The Apple II, with its color graphics, approachable design, and accessibility for everyday users, sold millions and helped spark the personal computer revolution. Yet, as Wozniak notes, no one at the time could have fully anticipated the iPhone, App Store ecosystem, or the cultural and technological ubiquity Apple enjoys today. The CBS segment was produced in connection with journalist and author David Pogue’s new book, Apple: The First 50 Years, set for release soon. Pogue interviewed Wozniak along with other pivotal figures from Apple, including current CEO Tim Cook. (A separate full interview with Cook highlights his view that modern Apple operates in “a party of one,” unmatched and unreplicable in its blend of innovation, integration, and ecosystem.) MacDailyNews Take: From a couple of Steves tinkering in a Los Altos garage to the most valuable company on the planet with over 2 billion active devices lighting up lives worldwide, Apple’s journey is nothing short of extraordinary. Apple’s simple, relentless focus on excellence in the present is exactly what turned those first steps into the giant leaps we see today: Mac, iPad, iPhone, the sprawling Apple ecosystem, Apple Watch health revolutions, Apple TV originals, and services that keep the whole thing humming. As the big 5-0 approaches on April 1, 2026, it’s worth remembering: Apple didn’t dream the future into existence; they engineered it, one insanely great product at a time. Here’s to the next 50 years of taking those steps forward — and leaving the competition scrambling to catch up. Happy almost-anniversary, Apple! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Woz reflects on Apple’s journey from garage to global giant at 50 appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Apple TV unveils trailer for ‘Margo’s Got Money Troubles,’ starring Elle Fanning, Michelle Pfeiffer, Nicole Kidman…
Apple TV on Monday revealed the trailer for “Margo’s Got Money Troubles,” starring and executive produced by Academy Award, Emmy Award and Golden Globe Award nominee Elle Fanning; Golden Globe Award winner, and Academy Award and Emmy Award nominee Michelle Pfeiffer; and Academy Award and Emmy Award winner Nicole Kidman. The ensemble cast is also led by Emmy Award winner Nick Offerman and Thaddea Graham. Hailing from A24 and multi-Emmy Award winner David E. Kelley, and based on Rufi Thorpe’s bestselling novel of the same name, the eight-episode Apple Original series will premiere globally on Wednesday, April 15, 2026 with three episodes, followed by new episodes every Wednesday through May 20, 2026. “Margo’s Got Money Troubles” is a bold, heartwarming and comedic family drama following recent college dropout and aspiring writer, Margo (Fanning), the daughter of an ex-Hooters waitress (Pfeiffer) and ex-pro wrestler (Offerman), as she’s forced to make her way with a new baby, a mounting pile of bills and a dwindling amount of ways to pay them. The series also stars Academy Award winner Marcia Gay Harden, Academy Award nominee and Emmy Award winner Greg Kinnear, Michael Angarano, Rico Nasty, and Lindsey Normington.  “Margo’s Got Money Troubles” is produced for Apple TV by A24. Kelley serves as showrunner, writer and executive producer alongside Elle Fanning, Dakota Fanning and Brittany Kahan Ward for Lewellen Pictures; Kidman and Per Saari of Blossom Films; and Matthew Tinker for David E. Kelley Productions. Pfeiffer, author Thorpe, Eva Anderson, and Boo Killebrew also executive produce. BAFTA and Emmy Award winner Dearbhla Walsh directs the pilot and serves as an executive producer. Additional directors include Kate Herron and Alice Seabright. The series marks the most recent collaboration between Kelley and Apple TV, following the Emmy Award-nominated, global hit drama, “Presumed Innocent,” which is now in production on its second season. Apple TV offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across all of a user’s favorite screens. After its launch on November 1, 2019, Apple TV became the first all-original streaming service to launch around the world, and has premiered more original hits and received more award recognitions faster than any other streaming service in its debut. To date, Apple Original films, documentaries and series have been honored with 748 wins and 3,295 award nominations and counting, including multi-Emmy Award-winning and history-making comedies “The Studio” and “Ted Lasso,” global cultural phenomenon “Severance,” Apple’s most-viewed drama “Pluribus,” Oscar Best Picture winner “CODA” and Academy Award nominee “F1,” the highest-grossing sports feature of all time. MacDailyNews Take: This one is certainly packed to the brim with talent on both sides of the lens! Those who can wrap their heads around Apple’s massive cash mountain and the company’s unparalleled ability to generate cash can clearly see who the winner will be. The most talented producers, writers, directors, editors, actors, etc. are attracted to exactly what Apple has and makes in vast abundance: Cash. The king. Like bears to honey, it’s happening already. — MacDailyNews, January 3, 2018 MacDailyNews Note: Apple TV is available on the Apple TV app in over 100 countries and regions, on over 1 billion screens, including iPhone, iPad, Apple TV 4K, Apple Vision Pro, Mac, popular smart TVs from Samsung, LG, Sony, VIZIO, TCL and others, Roku and Amazon Fire TV devices, Chromecast with Google TV, PlayStation and Xbox gaming consoles, and at tv.apple.com, for $12.99 per month with a seven-day free trial for new subscribers. For a limited time, customers who purchase and activate a new iPhone, iPad, Apple TV 4K or Mac can enjoy three months of Apple TV for free.  Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple TV unveils trailer for ‘Margo’s Got Money Troubles,’ starring Elle Fanning, Michelle Pfeiffer, Nicole Kidman, and Nick Offerman appeared first on MacDailyNews. Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe.
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Citi reiterates a Buy rating and a $315 price target on Apple stock
Amid surging memory prices, the global smartphone industry faces a challenging year ahead. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ...
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Substack is covering the cost of your first paid month of MacDailyNews by MacDailyNews. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ...
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Apple, aiming push more urgently into the smart home market, is said to be nearing the launch of a new product category: a wall-mounted disp...
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Apple TV+ has signed a new multi-year, first-look feature film deal with The North Road Company’s Chernin Entertainment, the flagship… ͏ ...
