Apple’s iPhone 17 launch this month included a significant error, according to one analyst, and shareholders have been and continue to bear the consequences. Priced at $799, the same as last year’s iPhone 16, the base model hasn’t adjusted for inflation. Needham analyst Laura Martin, in a Tuesday note, called this a “value-destructive” approach, estimating a 13% loss for investors since 2019. Christine Ji for MarketWatch:
Laura Martin, if her life depended on it, couldn’t identify her ass from her elbow. Needham clients should look elsewhere for investment advice. Forget Apple’s significant AI issues. You can use Grok, ChaptGPT, or any other GenAI tools on your iPhone (and iPads and Macs) via apps and the web until Apple finally gets their shit together (which the company will eventually do, even if it takes a new CEO). The next-gen iPhones will be compelling for hardware alone. Apple’s next-gen Siri is coming in spring 2026 and, again, a little birdie sings us very positive songs regarding that release. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple holding the line on iPhone base model pricing has cost investors 13% since 2019 – Needham appeared first on MacDailyNews. Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe. |
Tuesday, September 30, 2025
Apple holding the line on iPhone base model pricing has cost investors 13% since 2019 – Needham
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