Stock price apple forecast the stock price Apple forecast also

The stock price Apple forecast also reflects macroeconomic sensitivity; dovish Fed policy could act as a tailwind, enhancing capital inflows to tech equities. While AI may interact with us through software, it still relies on a physical backbone – processor chips, server stacks, and device interfaces that bring it to life. Bernstein analyst Mark Newman understands this dynamic and has been closely watching the AI hardware sector. “The Street is clearly underestimating this iPhone cycle in our view…after a few years of disappointing growth,” Ives wrote. He believes the iPhone 17 launch will trigger a “pent-up consumer upgrade cycle” that Apple hasn’t seen in years. The stock price Apple forecast for 2024 factors in continued AI integration into devices, potentially increasing revenue per user. Market watchers anticipate a gradual climb toward $210 by year-end if macro conditions stabilize.