Apple's Strong Services Growth And iPhone Pricing Power Fuel Analyst's Confidence Despite Tariff Risks
1. Rosenblatt maintains a Buy rating with a $263 price target for AAPL. 2. Apple faces uncertainty due to geopolitical and tariff pressures affecting earnings. 3. iPhone shipments increased by 10%, but China sales declined by 9% amid subsidies. 4. Second-quarter guidance will reflect new tariffs and production shifts to India. 5. Public pressure exists on Apple to relocate production to the U.S. amid tariffs.