) latest earnings report, analysts have weighed in on the stock, highlighting a generally positive outlook. Despite varying degrees of enthusiasm, analysts suggest that the best is yet to come for Apple.praised Apple's fiscal Q3 performance, noting that results were"modestly ahead of consensus" with revenues growing 5% and services expanding by 14%.
Analysts pointed out that Apple's gross margin guidance for Q4 could mark a September quarter record, reinforcing the potential for continued strong performance.observed that Apple's June quarter results slightly exceeded expectations, driven by growth in iPad and services. Despite a year-over-year decline in iPhone revenue, the install base reached new highs.
Bank of America sees potential upside in iPhone units, higher ASPs, and gross margins, reiterating their Buy rating with a $256 price target.