考虑供给端瓶颈、品牌策略未明等因素，集邦认为，今年全球笔记本电脑出货衰退幅度会比预期大，该 机构原预期年减5.4%，最新预估修正为年减9.4%。这意味华硕、宏碁等笔记本电脑品牌出货压力沉 重，面临下修压力。 研调机构集邦科技（TrendForce）1月26日发布最新报告示警，笔记本电脑品牌厂先后面临存储涨价、 中央处理器（CPU）缺货并调升价格，及PCB、电池、电源管理IC等零组件成本上扬冲击，估本季全球 笔记本电脑出货量季减14.8%，不如厂商预期。 笔记本电脑规格提升亦推高单机电池成本，加上锂电池材料价格回温，电池报价跟着提高。同时，笔记 本电脑CPU、NPU功耗上升，也连带增加电源管理IC配置需求。 WiFi 7、USB 4等新规格导入，也垫高 相关芯片与连接器成本。上述零组件的单一价格涨幅虽不及存储或CPU，但加总起来仍对毛利偏低的笔 记本电脑品牌形成实质负担。 集邦分析，CPU占笔记本电脑整机物料清单（BOM）成本约15%至30%，目前多数低端与主流价位带产 品仍主要采用英特尔处理器，但英特尔低端处理器价格上调，且供给缺口可能到3月以后才会稍微改 善，导致笔记本电脑品牌的产品配置、出货节奏承受额外压 ...

Core Viewpoint - JPMorgan raised its price target on Apple to $315 from $305 while maintaining an Overweight rating, indicating an improving risk-reward profile ahead of upcoming earnings [1] Group 1: Stock Performance and Market Context - Apple shares underperformed the S&P 500 over the prior two months, falling 13% compared to a 1% gain for the broader index, reflecting investor concerns about gross margin pressure and potential price elasticity risks for iPhone demand [2] - Despite the underperformance, positive indicators suggest strong demand for the iPhone 17 [2] Group 2: Earnings Expectations - JPMorgan anticipates a constructive setup heading into Apple's fiscal first-quarter 2026 results, with the stock trading at approximately 30 times next-twelve-month earnings, below historical peaks observed during major iPhone product cycles [3] - iPhone revenue is expected to exceed consensus forecasts, with projected 16% year-over-year growth, marking the strongest iPhone revenue expansion since September 2021 [4] Group 3: Services and Margin Outlook - For Services, JPMorgan projects App Store revenue growth of about 7% year-over-year in fiscal Q1, below Apple's overall Services growth guidance of roughly 14%, but notes that Apple has multiple non-App Store levers to support Services growth [4] - Limited margin pressure from higher memory costs is anticipated due to Apple's long-term supply contracts and scale advantages, which typically provide more favorable component pricing [5] Group 4: Revenue and Earnings Forecast - JPMorgan forecasts a modest revenue beat and a stronger earnings beat in fiscal Q1, with a fiscal Q2 outlook calling for 10%–12% revenue growth [6] - The higher price target reflects increased earnings power and a valuation multiple more consistent with historical peaks ahead of major product cycles later in the year [6]

Core Viewpoint - The upcoming earnings report for Apple is anticipated with cautious optimism, as the stock has underperformed recently, but expectations for iPhone growth remain high at nearly 14% [2] Financial Performance - Apple's stock has underperformed year-to-date and last year, but consensus expectations for iPhone growth are reasonably high [2] - The guidance for the second half of the year is a concern, particularly regarding rising component costs, which may affect margins [3] - Strong unit sales are expected, driven primarily by Pro and Pro Max models, leading to higher average selling prices (ASPs) [5][6] Product Insights - The new iPhone Air is not expected to be a significant driver for the quarter, with strong sales anticipated from Pro models instead [5][6] - There are concerns about the potential need for a price increase on the iPhone due to rising component costs, which could impact demand [3] AI and Technology Integration - Key questions revolve around how Apple will monetize AI and integrate it with existing technologies, particularly Siri [7][9] - There is skepticism about consumer interest in paying for AI features, but deeper integration could enhance the indispensability of Apple's technology [13] - The ability to drive a hardware upgrade cycle through AI integration is a critical focus for the company [10][12] Market Expectations - Current growth expectations for iPhone sales are considered lofty for a mature business, and a reduction in these expectations or a lower valuation could change market sentiment [15] - Apple's current trading valuation is approximately 22 times EBITDA, which is higher than historical averages, indicating a need for lower expectations or pricing to attract investment [15][16]

Welcome to Market Catalyst. I'm Julie Hman broadcasting from a snowy New Jersey today. Um and we are watching markets today ahead of a very very busy trading week of various events from the Federal Reserve's meeting at which it's not expected to change rates to earnings from four of the seven magnificent seven stocks and earnings from many many more companies as well. It's really expected to ramp up on Tuesday in terms of the earnings reports after a quiet Monday. A quiet Monday by the way in which we are s ...

Apple (NASDAQ:AAPL) stock has been a real drag on the Magnificent Seven in the past quarter. ...

Key Points Warren Buffett stepped down as CEO of Berkshire Hathaway at the end of 2025. But his investing legacy continues through Berkshire's various holdings. Buffett likes stocks with strong competitive moats and global brand names. 10 stocks we like better than Apple › In just a couple of weeks, we'll see the final moves that Berkshire Hathaway made to its venerable portfolio under the direct guidance of Warren Buffett, the legendary investor who stepped down as CEO at the end of 2025, after ...

Key Takeaways LOGI launched Rally AI Camera and Pro to improve video meetings in boardrooms and large hybrid spaces.Logitech's AI framing, dual cameras and hybrid zoom aim to enhance speaker tracking and room coverage.LOGI continues innovating with products like Muse and Solar keyboards to support evolving work setups.Logitech International S.A. (LOGI) has launched two new conference cameras, Rally AI Camera and Rally AI Camera Pro, designed to improve video meetings in large spaces like boardrooms, classro ...

周一，苹果(AAPL.US)涨逾2%，报254.67美元。消息面上，苹果公司将于1月29日(周四)美股盘后公布 2026财年第一季度业绩。苹果预计将实现稳健的营收、净利润和每股收益增长。市场目前预计，苹果 Q1营收将同比增长11.3%至1384.2亿美元，净利润将同比增长8.4%至393.8亿美元，每股收益将同比增长 11.2%至2.67美元。 对于苹果2026财年第一季度财报，焦点将再次落在iPhone需求上，尤其是在中国。苹果在中国面临定价 压力和本土竞争对手的挑战。投资者希望看到近期促销活动和产品更新是否支撑了假日季的销量，以及 平均售价是否保持稳定。尽管苹果不再披露销量，但地区收入趋势将被密切关注，以作为潜在需求的参 考。iPhone仍是苹果最大的单一产品类别，并驱动其他产品和服务生态系统的参与度。 ...

对于苹果2026财年第一季度财报，焦点将再次落在iPhone需求上，尤其是在中国。苹果在中国面临定价 压力和本土竞争对手的挑战。投资者希望看到近期促销活动和产品更新是否支撑了假日季的销量，以及 平均售价是否保持稳定。尽管苹果不再披露销量，但地区收入趋势将被密切关注，以作为潜在需求的参 考。iPhone仍是苹果最大的单一产品类别，并驱动其他产品和服务生态系统的参与度。 智通财经APP获悉，周一，苹果(AAPL.US)涨逾2%，报254.67美元。消息面上，苹果公司将于1月29日 (周四)美股盘后公布2026财年第一季度业绩。苹果预计将实现稳健的营收、净利润和每股收益增长。市 场目前预计，苹果Q1营收将同比增长11.3%至1384.2亿美元，净利润将同比增长8.4%至393.8亿美元，每 股收益将同比增长11.2%至2.67美元。 ...

Wall Street analysts expect Apple (AAPL) to post quarterly earnings of $2.65 per share in its upcoming report, which indicates a year-over-year increase of 10.4%. Revenues are expected to be $137.47 billion, up 10.6% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a comp ...