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BUZZ-"Meta hopes to take a big slice of the pie from Apple," says Needham

BUZZ-"Meta hopes to take a big slice of the pie from Apple," says Needham

路透社路透社2026/10/01 12:01
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- ** Needham maintained its "hold" rating on Apple (AAPL.O), citing concerns among investors about Apple's artificial intelligence strategy, pressure on profit margins, price increases, and risks in the Chinese market.

** However, the brokerage stated that the biggest risk facing Apple shareholders is that Meta META.O or other AI-focused competitors could reduce user dependence on the iPhone, thereby weakening Apple's ecosystem.

** In pre-market trading, the iPhone manufacturer's share price edged down slightly, while Meta's share price rose slightly.

** Needham added that Apple may need to reduce its App Store commission rate to remain competitive with Meta's low-cost services.

** As of the previous trading day's close, Apple (AAPL) shares were up about 22% so far this year, while Meta shares were up about 10%.


(To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. Due to possible inaccuracies or lack of required context in automated translations, Reuters does not guarantee the accuracy of the translated text and provides it solely for reader convenience. Reuters does not accept any liability for any damage or losses caused by the use of automated translation functionality.)

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