Apple's Growth Hinges on Foldable iPhone and Price Hikes, Says Analyst

Apple Inc. (NASDAQ: AAPL) has entered the John Ternus era from a position of strength, but its ability to sustain growth under new leadership is uncertain.

The company's next phase of growth depends heavily on two significant and unproven bets: the launch of a foldable iPhone Ultra and broad price increases across its product lineup.

According to DA Davidson analyst Gil Luria, without these factors, revenue declines would have been expected for Apple next year.

Luria reiterated a Neutral rating on the stock with a price target of $270.00, signaling cautious optimism about the road ahead.