Apple's iPhone Dependence Remains, But Services, Wearables Offer Growth Potential: Analyst
1. Needham's Laura Martin reiterated a Buy rating and $260 target for AAPL. 2. Experts discussed Vision Pro’s potential and design concerns at a conference. 3. Apple's market share in Asia and Africa offers significant revenue growth opportunities. 4. Apple's local production aims to de-risk supply chain amid geopolitical uncertainties. 5. Services growth boosts recurring revenue, yet economic downturns pose risks to profitability.