• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Apple stock: Citi says all eyes are on iOS18.2 release in December

by November 22, 2024
written by November 22, 2024

Investing.com — Citi analysts are keeping a close watch on Apple (NASDAQ:AAPL)’s upcoming iOS 18.2 release, set to debut in December, viewing it as a critical factor for the company’s iPhone replacement cycle in the coming quarters.

According to Citi, the “rollout of iOS 18.2 in December will be an important determinant for the pace of iPhone replacement.”

The new operating system, expected to launch on December 9 according to a recent report from MacRumors, is expected to include expanded Apple Intelligence features, marking a shift in Apple’s approach to product updates.

Citi notes that the staggered rollout of these features makes the iPhone 16/17 refresh cycles different from previous ones.

They explain that while iOS 18.1 was released with limited generative AI features in October, the full suite of Apple Intelligence won’t reach the European Union until April 2025, with no clear timeline yet for China.

Apple’s generative AI ambitions extend further. Citi references a Bloomberg report indicating that a more conversational “LLM Siri” will debut with iOS 19 in 2025, rolling out in 2026.

Meanwhile, Citi’s Consumer Electronics Holiday Survey reportedly shows increasing purchase and spending intentions for smartphones, with iPhone preference edging up to 48% from 46% last year.

Among surveyed users, 70% ranked Apple Intelligence as “somewhat important” or “the most important reason” for considering a new iPhone.

While the Asia supply chain remains steady, potential tariffs under the Trump administration could pose challenges for Apple, particularly regarding gross margins.

For now, Citi maintains a Buy rating on Apple, citing optimism around the iPhone 17 refresh cycle and a steady forecast for iPhone unit sales growth over the next three years.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
HSBC cuts Palo Alto rating on valuation concerns; stock down
next post
Beyond B-loans? Development banks seek private money for climate change fight

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

      October 29, 2025
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

      October 24, 2025
    • X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

      October 24, 2025
    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (660)
    • Stock (6,426)

    Latest News

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    Popular News

    • U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.25%
    • Earnings call: Comstock Resources details Q3 2024 performance

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy