In the midst of constantly changing economic realities, Apple Inc. has managed to avoid a significant crisis that could have had an undeservedly negative impact on its operations. The Biden administration has granted the company important concessions regarding previously imposed trade tariffs, allowing it to maintain stability in its supply chain and minimize potential financial risks.
The recent significant sell-off of Apple Inc. shares has created interesting opportunities for investors. The stock has become a topic of discussion after plummeting nearly 11% last week, marking the largest weekly decline since November 2022. Current trends open new horizons for those considering Apple as a safe haven amidst market volatility.
Xiaomi, a company well-known for its budget smartphones, has taken a significant step into the premium market with the launch of its new flagship device, the Xiaomi 15 Ultra. Priced at €1499 (approximately $1560), this phone positions itself as a competitor to major players like Apple Inc. $AAPL.
Apple Inc. $AAPL has unveiled its new budget smartphone, the iPhone 16e, priced at $599. This model aims to rejuvenate sales following a lackluster holiday season. The updated device is set to hit the market on February 28, with pre-orders starting on February 21.