Apple (AAPL.US) launched its new iPhone 17 series, a new iPhone Air, Apple Watch Series 11 + SE3 + Ultra 3, and AirPods Pro 3, among other accessories updates, Citi Research issued a research report saying.

Overall, the upgrades in the iPhone 17 series were in line with expectations, including the new A19/ A19 Pro processors, optimized battery performance and the comprehensive use of its self-developed N1 chip for handling Wi-Fi, Bluetooth, Thread and camera upgrades, etc..

Citi Research believed that the iPhone Air, being lightweight yet durable, paves the way for foldable phone next year, and is expected to drive a stronger replacement wave. Therefore, the broker rated Apple at Buy, with a target price of US$245.
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AASTOCKS Financial News
Website: www.aastocks.com

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Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
APPLE (C)	10758	243 (-)	0.305	6.3 X
APPLE (C)	10614	236 (-)	0.106	17.2 X
APPLE (P)	10793	210 (-)	0.189	5.2 X
APPLE (P)	10678	170 (-)	0.023	9.2 X