"The Street continues to underestimate the long-term gross margin potential for Apple across both products and Services."
"Maintain Buy given a multi-year phone upgrade cycle driven by Gen AI and continued tailwinds from mix shift to Services." — Analyst Wamsi Mohan
Read More BofA: App Store revenue grew 13% worldwide in March (up 7% in China)
"it remains unclear whether just enabling cross platform Apps, or allowing competing Apps on the platform would lead to much user migration given users’ preference for the brand, overall quality and usability of Apple products and integrated ecosystem." — Analyst Wamsi Mohan
Read More Despite antitrust suit, BofA sticks with $225 Apple target
"Based on our assumptions, the Vision Pro hardware can add a total of 46 cents per share to EPS over the next 5 years." — Analyst Wamsi Mohan
Read More BofA analyst gets Vision Pro demo, adds AVP revenue to his Apple model
"We're standing here looking at positive estimate revisions over the next two years."
Read More BofA's Wamsi Mohan on why he upgraded Apple (video)
"Tim Cook has navigated these challenges in an extraordinarily nimble fashion." — Analyst Wamsi Mohan
Read More In China, BofA sees more risk to Apple's multiples than to its earnings
From Emily Bary's "Apple could be gearing up for a ‘game-changing’ event" posted Wednesday by. MarketWatch.
From a note to clients that landed on my desktop Tuesday.
Read More Why BofA's Wamsi Mohan raised his Apple target $5 to $173
BofA raises its Apple target $10 to $168
2 years ago
2 years ago"Although Macs and iPads have trended worse, the highest margin parts of the portfolio will likely keep gross margins stable." -- Analyst Wamsi Mohan
"Given the extra week and weaker demand environment, the q/q decline for Mar could be higher than the 20% modeled by consensus."
Read More BofA's Wamsi Mohan trims his Apple target $1 to $153
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