Reported 1 day ago
Despite experiencing the slowest revenue growth among major tech companies and facing potential tariff risks under a new Trump administration, Apple Inc.'s shares have surged nearly 10% in the past month. Investors remain surprisingly optimistic, largely ignoring disappointing product launches and earnings reports. Analysts are cautious about the future with the anticipated cost implications of tariffs, particularly regarding the iPhone, while some believe Apple could benefit from advancements in AI. Overall, while the stock trades at a high valuation, sentiment among analysts is mixed as concerns about growth linger.
Source: YAHOO