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October 23rd

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ubs maintains neutral rating on apple anticipating steady quarterly results

UBS analyst David Vogt has maintained a Neutral rating on Apple (AAPL) with a price target of $236.00, anticipating September revenue and EPS to align with forecasts of $94B and $1.58, respectively. Despite AI excitement post-WWDC, iPhone unit sales are expected to remain flat year-over-year at around 46M, with a total of 51M units projected for the quarter. The analyst notes that Apple management will likely adopt a cautious stance regarding December quarter iPhone demand, pending the release of Apple Intelligence features.
StreetInsider.com
United States Dollar Apple Inc. USA David Vogt October 23rd
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