UBS analyst David Vogt maintains a Hold rating on Apple stock with a 12-month target price of $296, reflecting mixed signals from a global smartphone user survey. While iPhone purchase intent rose in the U.S., UK, and Germany, demand softened in China. Software enthusiasm and interest in a foldable iPhone also declined slightly. Despite these mixed fundamentals, technical indicators and broader analyst sentiment suggest potential bullish momentum for Apple shares in the near term.
On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge ...
In the first half of 2026, the Technology Select Sector SPDR Fund (XLK) led sector gains with a 33% return despite a June pullback due to AI spending concerns and Fed rate hike fears. The Energy sector (XLE) rose 21%, driven by supply disruptions and...
A UBS survey of over 7,500 smartphone users reveals growing iPhone demand in the US and Europe, while interest in China drops to a record low of 15%. This decline in China is concerning as it represents about 20% of Apple's sales and may reflect broa...
Apple is set to launch at least five new iPhone models from late 2024 through mid-2027, including a foldable iPhone with production increased to 10 million units this year. The company is securing components for 80 million phones for late 2026 and ex...
Apple is expected to report Q3 2026 revenue between $107 billion and $109 billion and earnings per share of $1.80 to $1.84. The company remains resilient amid industry-wide memory chip shortages thanks to strong supplier agreements and a robust servi...
