Apple's Long-Term Outlook Brightens As AI, IPhone Demand Drive Growth

Apple Inc. (NASDAQ:AAPL) shares were steady on Wednesday as investors weighed long-term growth prospects and upcoming iPhone and services momentum.

The stock held near recent levels, even as Wall Street parsed fresh forecasts tied to revenue, margins, and product demand.

Bank Of America Securities analyst Wamsi Mohan reiterated the Buy rating on the stock, raising the price forecast from $270 to $320.