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Intel under fire: What Wall Street thinks about Apple’s new MacBook Pro

Apple has unveiled new products in its MacBook Pro, AirPods, and Apple Music lineups. Here’s what analyst thought about the company’s latest offerings.

The Cupertino tech giant on Monday took the wraps off a new 14-inch MacBook Pro and 16-inch MacBook Pro powered by a pair of upgraded M1 chips: the M1 Pro and M1 Max. In addition, Apple unveiled a new third-generation AirPods model and a cheaper Apple Music Voice Plan.

In the wake of the Oct. 18 event, here’s what financial analysts think of Apple’s new products — and how they could contribute to the company’s growth moving forward.

Samik Chatterjee, JP Morgan

JP Morgan lead analyst Samik Chatterjee believes the event can be seen as an attempt by Apple to make small changes to its existing product lineup in an effort to drive adoption across a wider range of price points. 

Although the flagship announcements were the high-end MacBook Pro models, Chatterjee notes that the cheaper second-generation AirPods and cheaper Apple Music plan could drive an expansion of Apple’s total market.

Read more at AppleInsider.com

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