Reported about 10 hours ago
As Apple prepares to announce its fiscal second-quarter earnings, analysts express cautious optimism, with a 'buy' rating from Bank of America despite a lowered price target of $240. Concerns about economic uncertainty and potential tariff impacts on the iPhone maker loom, particularly given the company's dependency on China for production. Analysts project Apple will see a 4% growth in revenue year-over-year, and a strategic shift to assembling iPhones in India by 2026 aims to mitigate tariff risks.
Source: YAHOO