JPMorgan, Goldman Sachs, Wedbush, Barclays, and Bloomberg Intelligence have varied outlooks on Apple's performance. JPMorgan and Barclays express concerns over weak China sales and the strong dollar, while Goldman Sachs and Wedbush are more optimistic about Apple's services growth and future AI features. Bloomberg Intelligence anticipates strong services revenue to offset China weaknesses. Analysts have differing price targets for Apple, ranging from $183 to $325, reflecting a mix of caution and optimism about the company's future prospects.
Key takeaways:
- Apple's earnings report is under scrutiny due to concerns over China iPhone sales and a lackluster AI feature launch.
- Analysts highlight Apple's services growth and potential rebound despite expected China weakness.
- JPMorgan, Goldman Sachs, Wedbush, and Barclays provide varied outlooks on Apple's performance, focusing on services, AI features, and iPhone sales.
- Bloomberg Intelligence suggests strong services growth will offset weak iPhone sales in China, with a focus on Apple's stock buyback program.