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Wants a Big Bite of Apple,' Needham Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2672475462","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672475462?lang=en_us&edition=fundamental","pubTime":"2026-10-01 19:51","pubTimestamp":1790855483,"startTime":"0","endTime":"0","summary":"BUZZ-'Meta wants a big bite of Apple,' Needham says** Needham maintains a \"hold\" stance on AppleAAPL.O, cites investor concerns about Apple's AI strategy, margin pressure, rising prices and China exposure** However, brokerage says the biggest risk for Apple shareholders is that MetaMETA.Oor another AI-first rival reduces reliance on the iPhone and weakens Apple's ecosystem** Shares of the iPhone maker marginally down, while META marginally up premarket** Apple may need to lower App Store fees to stay competitive with Meta's lower-cost offering, adds Needham** Up to last day's close, the stock of AAPL had risen about 22% and META up ~10% 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