Rothschild Red Bank, a well-known investment bank on Wall Street, recently announced that it will raise Apple's investment rating from “neutral” to “buy” and drastically raise its target price from 260 US dollars to 400 US dollars. The agency pointed out in the research report that Apple has a huge active equipment installation base of up to 2.55 billion units, combined with a very high customer retention rate and a service business with a high profit margin, forming a solid fundamental moat. At the same time, artificial intelligence is seen as a major strategic opportunity for Apple, which is expected to further strengthen its position as the “gatekeeper” of the core entry point for consumer-grade AI. In terms of the hardware business, Rothschild Red Bank predicts that sales of the iPhone business are expected to reach a compound annual growth rate of 12% over the next five years, driven by Apple's favorable launch of the high-end folding screen phone “iPhone Ultra.”

Rothschild Red Bank, a well-known investment bank on Wall Street, recently announced that it will raise Apple's investment rating from “neutral” to “buy” and drastically raise its target price from 260 US dollars to 400 US dollars. The agency pointed out in the research report that Apple has a huge active equipment installation base of up to 2.55 billion units, combined with a very high customer retention rate and a service business with a high profit margin, forming a solid fundamental moat. At the same time, artificial intelligence is seen as a major strategic opportunity for Apple, which is expected to further strengthen its position as the “gatekeeper” of the core entry point for consumer-grade AI. In terms of the hardware business, Rothschild Red Bank predicts that sales of the iPhone business are expected to reach a compound annual growth rate of 12% over the next five years, driven by the favorable launch of Apple's high-end folding screen phone “iPhone Ultra” in the future.