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Broker call● Neutral for Indian equities
Apple’s expensive new iPhones could be a double-edged sword for the company
The brief
- Bernstein analysts say Wall Street may be underestimating gross-margin pressure from rising iPhone costs
- PB Fintech Faces 38% FY30 Profit Hit Under 'Max Pain' Scenario; Bernstein Still Sees 91% Upside
- Bernstein keeps Outperform on PB Fintech, sets ₹2,310 target after sharp sell-off
- FII Flows To Stay Subdued: Bernstein sees flat to modest inflows; rupee and valuations weigh
- PB Fintech shares plunge as IRDAI draft threatens a key customer-acquisition channel