Apple(US:AAPL) Financial Modeling Prep·2026-03-03 00:09Core Viewpoint - Stifel Nicolaus sets a price target of $330 for Apple Inc., indicating a potential increase of about 24.69% from the current stock price of $264.66, coinciding with the launch of new iPhone and iPad Air models that enhance Apple's position in artificial intelligence [1][6] Product Launches - Apple has launched the iPhone 17e, priced at $599, featuring 256GB of storage, tougher glass, Apple's A19 chip, and MagSafe charging, aimed at maintaining market share in the competitive smartphone market [2] - The iPhone 17e is available for pre-order in over 70 countries, with in-store availability starting March 11, and offers more storage at the same price, effectively providing a price cut amid rising memory chip prices [3] - The iPad Air has been updated with the M4 chip, offering up to a 30% speed increase, with the 11-inch model starting at $599 and the 13-inch version priced at $799, showcasing Apple's commitment to advanced AI capabilities [4] Stock Performance - Apple's stock price has slightly increased to $264.74, with a market capitalization of approximately $3.89 trillion, trading between $260.20 and $266.29 on the day, and a 52-week high of $288.62 and a low of $169.21 [5][6]