iPhone maker’s stock faces AI-driven growth amid challenges By Investing.com
Apple Inc. (NASDAQ:), the technology giant known for its iconic iPhone and robust ecosystem of products and services, finds itself at a crossroads as it navigates a complex landscape of opportunities and challenges. Recent analyst reports paint a mixed picture of the company’s future, with divergent views on its growth prospects and market position.
Financial Performance and Outlook
Apple’s financial performance remains strong, with analysts projecting continued growth in revenue and earnings per share (EPS) over the coming years. Morgan Stanley (NYSE:), maintaining an Overweight rating with a price target of $273, expects EPS to grow from $6.13 in fiscal year 2024 to $8.52 in fiscal year 2026. The firm’s projections suggest a…
