

The Tiniest Move Up for an AAPL Target - MOSK: 02.03.2025
Feb 3, 2025
Morgan Stanley nudges up its stock target for Apple following a positive earnings report. Apple has recently scrapped its ambitious AR glasses project, creating buzz around its future AR plans. Meanwhile, a new iCloud invitation service is on the horizon, while changes to AppleCare+ are stirring questions. A $20 million settlement for Apple Watch battery issues highlights ongoing challenges, and a free audiobook from 'Severance' keeps fans intrigued with Apple's latest offerings.
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Slight AAPL Target Increase
- Morgan Stanley raised Apple's share target by $2 after Q1FY25 earnings.
- Positive factors include Apple's projected service growth and a large device installed base.
Apple Cancels AR Glasses Project
- Apple canceled a project to develop advanced AR glasses that would have paired with Macs.
- The project faced challenges due to iPhone processing power and battery limitations.
New Apple Invitation Service "Confetti"
- Apple is reportedly launching a new invitation system codenamed "Confetti".
- This system is tied to iCloud and might revamp Apple's calendar app.