Apple’s Growth Potential Goes Beyond AI, Says JPMo…
From Financial Modeling Prep: 2024-12-16 11:53:00
JPMorgan analysts reiterated an Overweight rating for Apple (NASDAQ:AAPL) with a $265 price target, highlighting strong growth potential despite uncertainty around AI impact. Investors are looking at Apple’s performance in 2025, focusing on product volume growth and AI integration. Even without a significant AI boost, Apple’s high-margin Services segment and stable iPhone sales drive revenue and earnings growth. Analysts emphasize Apple’s diversified revenue streams, strong margins, and consistent execution make it a reliable long-term investment choice in the tech sector.
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