On August 5th, Guosen Securities released a research report stating that Apple's last quarter earnings per share growth exceeded expectations, driven by steady iPhone sales. The group should be at a critical moment in the iPhone replacement cycle. The bank gives it a "buy" rating with a target price of $275. Goldman Sachs said that iPhone revenue for the period was $39.3 billion, higher than the market's projected $38.6 billion. In addition, iPad and Mac revenue also exceeded expectations, reflecting the benefits of new product launches, and both iPad and Mac newly launched this quarter can support Apple Intelligence. For the fourth quarter, the group's revenue target is a 5% year-on-year increase, and the gross profit margin guidance is between 45.5% and 46.5%. The bank believes that iPhone demand is strong, and revenue should record year-on-year growth.
大行评级｜高盛：予苹果目标价275美元 处于iPhone更换周期的关键时刻
Goldman Sachs gives Apple a target price of $275 at a critical moment in the iPhone replacement cycle.
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