Technical analysis speaks for itself.
Some key facts:
Analyst Wamsi Mohan rates Apple as Buy with a $225 target, citing capital return, Gen AI, iPhone 16, and profit growth as growth drivers for 2024.
Apple to unveil new iPad versions on May 7, featuring OLED displays, updated chipsets, and redesigned Magic Keyboards, aiming to boost falling Mac and iPad sales.
Apple's iPhone sales in China fell 19% in Q1, the worst since 2020, losing share to Huawei. Government ban impacts sales. Apple cuts prices, plans new strategies to boost sales.