Apple Inc. (NASDAQ: AAPL) is among the 10 AI stocks to watch, with UBS maintaining a “Neutral” rating. On February 4, it was reported that global App Store revenue grew ~7%, matching the growth in November and December. SensorTower data showed a 6.3% year-over-year revenue increase to $3.4B in fiscal Q2. In January, global App store revenue increased 7.0% year-over-year, outperforming app store download growth of 3.6%.
UBS reaffirmed its “Neutral” view on Apple (AAPL) as App Store trends remain strong. The company is known for its technology products and services. While AAPL has growth potential, some AI stocks may offer higher returns with less risk. For more promising AI stocks, check out reports on the cheapest AI stock, 30 stocks expected to double in 3 years, and 11 hidden AI stocks to buy now. No disclosures.
Read more at Yahoo Finance: UBS Maintains Neutral View as Apple (AAPL) App Store Trends Stay Solid
