1. BofA maintains a Buy rating on AAPL with a $265 price target. 2. Strong iPhone upgrade cycle expected for fiscal 2025 and 2026. 3. App Store revenues increased 15% to $8.6 billion in Q2 2025. 4. Productivity app growth indicates higher service revenue potential. 5. Apple TV on Android could broaden subscription opportunities.
BofA’s buy rating and positive revenue projections indicate strong future performance. Historically, analyst upgrades often lead to stock price increases.
Expectations of service and iPhone revenue growth directly affect AAPL’s market position. Positive analyst sentiment signals potential for investment inflows.
The iPhone upgrade cycle and service revenue growth signals sustained long-term attractiveness. Similar past performance during previous product cycles supports this view.