iPhone 17 Demand Could Give Apple Its Next Big Win
Apple's strong iPhone 17 sales and growing AI momentum could make this quarter one of its biggest yet, as analysts predict another record-setting win.
The firm notes that if Apple makes the right moves in its AI plans and partnerships, the company's stock should become even more valuable.
Wedbush raised its Apple target price to $310 in September, thanks to the stronger-than-forecast demand for the iPhone 17 lineup.
According to a new note to investors, the company will not only hit that price target, but its stock price will continue to rise over the next few years, thanks to AI.
The investment firm expects Apple to easily beat market expectations when it announces its fiscal Q4 earnings on October 30.
Author's summary: Apple's iPhone 17 sales may drive stock growth.