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What's Going On With Apple Stock Friday? - Apple (NASDAQ:AAPL), AT&T (NYSE:T)
Benzinga·2025-09-26 17:40

Richer U.S. carrier trade-in deals and extended 24- to 36-month financing plans are giving Apple Inc. (NASDAQ: AAPL) a boost in this year’s iPhone upgrade cycle.Carriers are offering around 100moreinsubsidiesfornewiPhonesthisyear,whichcouldresultinastrongupgradecyclefortheiPhone17.BankofAmericaSecuritiesanalystWamsiMohanreiteratedaBuyratingonApple,withapriceforecastof100 more in subsidies for new iPhones this year, which could result in a strong upgrade cycle for the iPhone 17.Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Apple, with a price forecast of 270.Also Read: Meta Wins EU Approval For AI Joint Venture With RelianceMohan says carrier promotions m ...