AI-driven upgrades may boost iPhone stock By Investing.com
Apple Inc. (NASDAQ:), the tech giant known for its innovative consumer electronics and services, stands at a crucial juncture as it navigates a complex landscape of opportunities and challenges. With a market capitalization of over $3.5 trillion, Apple remains a dominant force in the technology sector, but faces increasing scrutiny from analysts regarding its growth prospects and market positioning.
Financial Performance and Outlook
Apple’s financial performance continues to be robust, with analysts projecting steady growth in the coming years. BofA Global Research anticipates sales to increase from $383,285 million in fiscal year 2023 to $481,199 million by fiscal year 2027. The company’s free cash flow is expected to grow…
