Apple's iPhone Sales Surge in China, Stock Outlook Strong
Apple’s iPhone sales in China grew 8% YOY in Q2 2025, breaking a two-year decline streak. Aggressive pricing and subsidies boosted demand. iPhone 16 Pro and Pro Max models led sales. Apple is expected to see high single-digit growth in China. Stock has gained 16% in past 3 months.
Apple’s value extends beyond iPhones to services and wearables. Market cap stands at $3.2 trillion. Services segment and wearable products drive cash flow. Stock pays annual dividend, raised for 13 straight years. Q2 fiscal 2025 earnings beat estimates with revenue at $95.4 billion.
Products revenue grew 2.7% YOY to $68.7 billion. Services revenue climbed 11.6% YOY to $26.6 billion. Gross margin improved to 47.1%. Net income rose 4% to $24.8 billion. Apple anticipates low- to mid-single-digit revenue growth in June quarter despite tariff-related costs.
Analysts predict EPS growth in fiscal 2025 and 2026. AAPL stock has a “Moderate Buy” rating with upside potential. Majority of analysts favor continued upside. Average price target is $230.92, with a Street-High target of $300, suggesting a 43% climb from current levels.
Read more at Yahoo Finance: iPhone Sales Are Growing in China Again. Should You Buy, Sell, or Hold Apple Stock Here?