Buy the Dip in Apple Stock Before January 29, According to Goldman Sachs

Tech behemoth Apple (AAPL) is experiencing a dip in its stock performance ahead of first-quarter results for fiscal 2026, which are set to be reported on Jan. 29. AAPL stock is down by 9% over the past month. However, Goldman Sachs analysts see this as an opportune moment to load up on Apple shares. 

Analyst Michael Ng expects iPhone revenue to rise 13% year-over-year (YOY), with shipments increasing 5% during that period, boosted by a 26% surge in China after the company reclaimed its top position in the Chinese smartphone market. Looking ahead, Ng believes that, over the next two years, iPhone sales will benefit from factors such as the new iPhone Fold model and a shift to a biannual iPhone launch cycle.