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*Walter Bloomberg
*Walter Bloomberg
$AAPL - APPLE’S NEXT BIG BET: FOLDABLE IPHONE AND AI DA Davidson reiterated its Neutral rating on Apple, with a $270 price target. Analyst Gil Luria says Apple’s next growth phase under John Ternus could depend heavily on a foldable iPhone Ultra, broader price increases and continued AI improvements. Without these drivers, Apple could face revenue pressure next year after its strongest iPhone upgrade cycle in five years. Future innovations—including a glass iPhone, AirPods with cameras and smart glasses—could also be crucial to sustaining investor and consumer interest.

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