Apple Analyst Sees $760 Ahead and 4 Investor Insights Making Rounds
Apple Inc. (NASDAQ:AAPL): Current Price: $505.12
According to Goldman’s belief, it is possible for Apple to report a “healthy” upside to Q1 consensus estimates, mainly on iPhone units and margins. The firm thinks that the shares are factoring in a worse case scenario and that the report may potentially begin a recovery in shares. The firm’s product shipment estimates are iPhones of 48.4 million, iPads of 23.4 million, Macs of 5.1 million, and iPods of 12.3 million. Shares have a Buy rating and a $760 price target.