Susquehanna International Group Reiterates on Apple on News of iPhone 6


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


In a report published Monday, Susquehanna International Group analyst Chris Caso reiterated a Positive rating and $625.00 price target on

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Apple (NASDAQ: AAPL).In the report, Susquehanna International Group noted, “Our note outlines what our checks suggest thus far regarding the features we believe are likely to incorporated in next year's iPhone 6, and the implications for AAPL and their suppliers. Given the larger screen size, we think there's the potential for AAPL to raise the price point for a larger screen iPhone 6 in order to mitigate the impact on margins that would otherwise result from a rising bill of materials cost (which occurred during the iPhone 5 launch). We think the launch of the iPhone 5s and the positioning of the Retina iPad mini indicates a shift away from the old strategy of simply lowering the price of last year's products, in favor of designing products for lower price points. As this develops, we think it would allow AAPL to maintain leadership at the high end and be competitive at lower price points, without sacrificing margins.”Apple closed on Friday at $524.99.
Posted In: Analyst ColorReiterationAnalyst RatingsChris CasoSusquehanna International Group