Stock price for apple forecast with global semiconductor supply chains

With global semiconductor supply chains stabilizing, the stock price for Apple forecast shows potential upside due to improved production efficiency and reduced lead times for flagship devices. Compared to the Zacks Consensus Estimate of $88.92 billion, the reported revenues represent a surprise of +5.75%. The EPS surprise was +10.56%. You can purchase shares of Apple (NASDAQ:AAPL) through any online brokerage. Technical traders eye the stock price for Apple forecast for a breakout as the 50-day moving average converges upward towards the 200-day trendline, indicating a golden cross scenario.