Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation 
Jefferies Names AMEC Top China Semiconductor Equipment Pick 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
OpenAI AI Agent Swarm Behind Hugging Face Hack 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Trump Buys SpaceX Shares After Record IPO 
Alibaba Raises $10.2 Billion to Expand AI Infrastructure 
Street Poller Media and The Boom of the Street Interview Ad Industry 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
SK Hynix Shares Fall as Workers Reject Wage Deal 
New Zealand Labour Backs Social Media Ban for Under-16s 
Countries Tighten Social Media Bans for Children 
Add as a preferred source on Google
Apple Inc. (NASDAQ:AAPL) is preparing to unveil its iPhone 17 lineup on Tuesday, with analysts at Wedbush highlighting potential changes in pricing, production, and artificial intelligence strategy.
According to Wedbush, Apple may increase the cost of its Pro and Pro Max models by $50 to $100. This move comes as the company accelerates its production shift from China to India, where the majority of U.S.-sold iPhones are now manufactured. Analysts estimate this transition could create a $1 billion headwind in the September quarter.
The new lineup will include the iPhone 17 Air, replacing the Plus model. All versions are expected to feature upgraded cameras, larger batteries, faster charging, and Apple’s latest A19 chip.
Investor focus will also be on Apple’s artificial intelligence efforts, a key area where the company has faced criticism for lagging behind competitors. With Alphabet Inc.’s (NASDAQ:GOOGL) Google Gemini seen as a potential iPhone AI partner, Wedbush emphasized that Apple could strengthen its AI strategy through outside partnerships or even acquisitions, mentioning Perplexity as a possible target.
Apple’s massive global base of 4.3 billion iOS devices makes AI integration crucial. Doubts over its AI roadmap have pressured shares, though a recent antitrust ruling against Google brought some relief. The decision allows Apple to continue using Google as the default search engine while also opening the door for deeper AI collaboration between the two tech giants.
Wedbush maintains an Outperform rating on Apple with a $270 price target. Despite being down 2.5% year-to-date, the stock has rebounded from earlier losses, with investors watching closely as the iPhone 17 launch marks a pivotal step in Apple’s pricing, production, and AI future.
