Information Technology | Dhruv H Shah

Apple Inc. : Equity Research Report

Oct 31, 2025 | Information Technology

AAPL trades fairly valued at $270 despite 48% upside to bull case. Three catalysts determine outcome: iPhone 17 supercycle (Jan 29 Q1 FY26 earnings critical), services inflection (10.3% CAGR to $175B), and China recovery (22%+ market share). Risk-adjusted expected...