AAPL Stock Catalysts: iPhone Sales and Services Segment to Drive Growth
For investors looking to monitor AAPL stock over the next two quarters, there are several catalysts to keep an eye on. According to a recent analysis by Trefis, five key drivers will have a significant impact on Apple's share price.
The first catalyst is the expected increase in iPhone sales, particularly in emerging markets such as China and India. Analysts predict that AAPL stock will benefit from this trend, with consensus EPS estimates suggesting a 10% growth rate over the next quarter.
Another important driver is Apple's growing services segment, which includes the App Store, Apple Music, and Apple TV+. This segment has been a major contributor to the company's revenue growth in recent years, and analysts expect it to continue to drive earnings expansion.
The impact of the ongoing trade tensions between the US and China on AAPL stock is also worth monitoring. While some experts have expressed concerns about the potential consequences of these tensions, others believe that Apple has a strong enough position in China to mitigate any negative effects.