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Benzinga
Benzinga
Business
Anusuya Lahiri

Goldman Sachs Sees Apple Revenue Acceleration As iPhone 17, AI Take Center Stage

What Happened:

Apple (NASDAQ:AAPL) is gearing up for its September 9 “Awe-Dropping” event, where the company is expected to unveil the iPhone 17 lineup and refreshed Apple Watch models, signaling its next wave of hardware and AI innovation. Analysts see the launches, alongside major software updates and ecosystem growth, as key drivers of revenue acceleration through fiscal 2026.

Goldman Sachs analyst Michael Ng reiterated a Buy rating on Apple with a $266 price forecast, projecting continued growth driven by new hardware, AI integration, and ecosystem expansion.

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