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Breaking Mac News

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    Apple releases macOS Tahoe 26.6.1 to patch critical Screen Sharing security flaw

    Apple has released macOS Tahoe 26.6.1, a rapid security update that addresses a serious vulnerability in the built-in Screen Sharing feature. The update, which arrived on Thursday without any new features, is strongly recommended for all Mac users running the latest version of the operating system.

    Screen Sharing allows users to view and control another Mac remotely over a local network or the internet. It is widely used for remote support, file access, troubleshooting, and managing multiple Macs in homes, schools, or businesses. Once connected, a remote user can see the desktop, open apps, transfer files, and control the keyboard and mouse as if sitting at the machine.

    The vulnerability could allow an attacker on the same network to authenticate to Screen Sharing without valid credentials. Apple fixed the issue through improved state management. The company has not indicated whether the flaw was being actively exploited in the wild.The same Screen Sharing bug affects earlier macOS versions, so Apple also issued companion security updates: macOS Sequoia 15.7.9 and macOS Sonoma 14.8.9.

    Mac users can install the update by going to System Settings > General > Software Update. No corresponding updates for iOS, iPadOS, or watchOS were released alongside this Mac-only security patch.

    Given the potential for unauthorized remote access, installing macOS Tahoe 26.6.1 (or the relevant update for older systems) promptly is advised.


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    Source link: https://macdailynews.com/2026/08/07/apple-releases-macos-tahoe-26-6-1-to-patch-critical-screen-sharing-security-flaw/

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    Citi hikes Apple price target to $365; bullish on market share gains and pricing power

    On Monday, Citi raised its price target on Apple to $365 from $315 while maintaining its Buy rating. The move reflects stronger margin expectations and rolled-forward financial estimates amid what the bank sees as Apple’s continued resilience in a tough environment for devices.

    Apple shares were trading at new all-time highs in Monday morning trading, as investors digested the positive commentary ahead of the company’s upcoming earnings report. Citi remains constructive on the stock, highlighting Apple’s ability to gain market share even as broader smartphone and PC markets face headwinds.

    Citi notes that smartphone and PC markets are likely to decline by mid-to-high teens percent. Despite this, Apple is positioned to outperform. According to the note:“continues to outperform the broader smartphone market through share gains, design-driven demand, and strong positioning in the mid-range price segment via promotions and subsidies.”

    The firm also stated that Apple “should continue gaining market share despite a slowing devices market.”

    A key driver behind the higher price target is Apple’s demonstrated ability to implement selective price increases. Citi observed that Apple raised prices on several products mid-quarter amid rising component costs and is evaluating additional memory suppliers to diversify its supply chain.

    While iPhone prices remain unchanged for now, Citi expects price increases in the upcoming September launch cycle:“with more focus likely on the higher end models where demand is more resilient.”

    The bank also flagged an expected foldable iPhone launch in the fourth calendar quarter. These factors support higher margin expectations following recent price increases.

    On Apple Intelligence, Citi takes a pragmatic view. The note states that Apple Intelligence is:“unlikely to drive a significant upgrade cycle in the near term.”

    However, the bank sees meaningful longer-term potential from enhanced Siri AI capabilities, which should increase user engagement and support growth in high-margin services revenue.

    Citi identifies the September iPhone launch as:“an important catalyst that could further strengthen investor sentiment.”

    This event is viewed as a potential positive for both hardware momentum and overall investor confidence.

    On the services side, Citi notes that Sensor Tower data showed App Store revenue in the June quarter grew just 3% year-over-year — tracking below company guidance. That said, the bank views iCloud and advertising as stronger drivers for future revenue growth.

    Citi’s raised price target to $365 reflects a combination of:

    • Continued market share gains in a challenging devices environment
    • Ability to protect and expand margins through selective pricing
    • Rolled-forward estimates and stronger margin expectations

    Citi’s note underscores Apple’s structural advantages — brand strength, ecosystem lock-in, and pricing power — even as near-term AI-driven upgrade cycles remain limited.


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    Source link: https://macdailynews.com/2026/07/13/citi-hikes-apple-price-target-to-365-bullish-on-market-share-gains-and-pricing-power/