However, Apple's continued strong profitability, fuelled by growth in its services segment and a higher mix of consumers opting for premium iPhone models like the Pro line, should help offset some of the weaker sales numbers.
The current median target price is $200, representing an 18% upside from the stock price as of the close on 25 April.The price has fallen from its record high in early December at $200, reaching a low of $164.08 on 19 April, a drop of 18%. However, the price closed at $164.84 low, the same level as the low hit on 26 October 2023. Since then a small rally has taken place.
A close below $164.08, the April low brings the September 2022 high at $163.50 into view, followed by $156.26, which marked a high in October 2022 and February 2023.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
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