Apple has sued consumer electronics leaker Jon Prosser, accusing him of allegedly stealing trade secrets related to iOS 26. The lawsuit claims that Prosser worked with Michael Ramacciotti to access an iPhone belonging to an Apple employee, Ethan Lipnik, using location tracking systems and the iPhone’s passcode. However, Prosser denies the allegations.
Meanwhile, Apple is preparing to release its new foldable iPhone in 2026, with plans to utilize Samsung’s “crease-free display solution.” The technology was developed over several years by Samsung and provides a solution that is ready for immediate use.
Wall Street analysts have assigned a Moderate Buy consensus rating on AAPL stock, based on 14 Buys, 10 Holds, and one Sell in the past three months. This implies 8.1% upside potential, following a 6.37% loss in share price over the past year.
Source: https://www.tipranks.com/news/unaware-of-how-the-information-was-obtained-apple-stock-nasdaqaapl-ticks-up-after-suing-leaker-jon-prosser