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Benzinga
113 days

Apple Q2 Will Be 'Better-Than-Feared': Analyst Says iPhone Company Has 'Proven Track Record'

1. Analyst predicts 'better-than-feared' Q2 results for AAPL. 2. JPMorgan maintains Overweight rating and $245 price target. 3. Demand disruptions from tariffs could impact stock short-term. 4. Focus on services growth and upcoming iPhone cycle as catalysts. 5. Apple stock is currently down 0.6%, 14.7% year-to-date.

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FAQ

Why Bullish?

Despite tariff concerns, the analyst expects stronger than expected revenues and margins. Historically, AAPL has shown resilience in downturns, which supports the bullish view.

How important is it?

The article discusses expected financial performance and analyst ratings critical for investor sentiment. Potential revenue and margin improvements are key indicators for AAPL's market position.

Why Short Term?

The upcoming earnings report will provide immediate insights into AAPL's performance. Short-term price movements may follow the unexpected revenue growth.

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