ECLC
01-26 09:45

After sliding 8 weeks, Apple may soon reach bottom attractive enough for buy-the-dip. Not Apple fan and noted it has underperformed among Mag7.

JPM Expects Apple to Beat! Can Strong iPhone 17 Demand Offset Margin Pressure?
JPMorgan Chase expects Apple to beat market expectations in FY26 Q1, citing stronger-than-expected iPhone demand and lower operating expenses. The bank reiterated an Overweight rating and raised its price target to $315 from $305 ahead of Apple’s earnings on Thursday. Can strong iPhone 17 demand offset margin pressure from higher memory costs? If Apple beats expectations, is this enough to reverse recent underperformance?
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