iPhone 17 Demand Could Give Apple Its Next Big Win
Apple’s strong iPhone 17 sales and growing AI momentum could make this quarter one of its biggest yet, as analysts predict another record-setting win.
The firm also notes that if Apple makes the right moves in its AI plans and partnerships, the Cupertino company’s stock should become even more valuable.
Wedbush raised its Apple target price to $310 in September, thanks to the stronger-than-forecast demand for the iPhone 17 lineup.
Now, in a new note to investors, the company says not only will Apple hit that price target, but it will see its stock price continue to rise over the next few years, thanks to AI.
The investment firm expects Apple to easily beat market expectations when it announces its fiscal Q4 earnings on October 30.
No direct quote available in the text.
Author's summary: Apple's iPhone 17 sales may lead to a big win.
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