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App Store Spending Surges 13% to New High, Goldman Sachs Maintains 'Buy' Rating for Apple (AAPL.US)
2 week ago /
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Author：小编
Goldman Sachs has reaffirmed its 'Buy' rating for Apple, keeping a target price of $266. This optimistic stance stems from the remarkable 13% year-over-year increase in App Store spending in July, representing the highest growth rate since November 2024. Apple's fiscal third-quarter 2025 earnings report highlighted that both revenue and earnings per share exceeded analyst expectations, with the services business also meeting projections. Furthermore, several institutions have upped their target prices for Apple. Despite a slight dip in share price during after-hours trading, the overall analyst sentiment towards the company remains robustly positive.
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