Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

iPhone maker Foxconn exceeds expectations. Apple stock edges up.

iPhone maker Foxconn exceeds expectations.  Apple stock edges up.

font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said profits fell 1% in the … Read more