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<Research> G Sachs: Market Too Pessimistic on Apple (AAPL.US), Expects Services Revenue to Rise 14% Next Fiscal Quarter
In a research report, G Sachs said that although surging memory prices have sparked market concerns over margin pressure and weakening demand in the smartphone sector, leading Appl...
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<Research> G Sachs: Market Too Pessimistic on Apple (AAPL.US), Expects Services Revenue to Rise 14% Next Fiscal Quarter
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In a research report, G Sachs said that although surging memory prices have sparked market concerns over margin pressure and weakening demand in the smartphone sector, leading Apple (AAPL.US)      shares to underperform the broader market, the firm believes such pessimism is overdone. It noted that Apple has a stronger competitive position, and reports indicate the company is actively securing spot DRAM supply in the market while maintaining competitive pricing to gain market share.

The broker expects Apples EPS for 2Q26 (fiscal quarter ended March 2026) to reach USD2, above the market consensus of USD1.93, mainly driven by solid revenue and margin performance from iPhone and Mac. Although App Store growth is expected to continue slowing to below 10%, the firm believes services revenue will maintain double-digit growth, supported by product-related services such as iCloud+ and AppleCare+, price increases for AppleTV+, and a resilient advertising business. It forecasts services revenue growth of 14%.

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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