Apple is a leading technology company known for designing, manufacturing, and marketing a range of innovative consumer electronics, software, and services
Its flagship products include the iPhone, iPad, and Mac computers, which are widely recognized for their cutting-edge technology and user-friendly interfaces. In addition to hardware, Apple offers a suite of software applications, operating systems, and digital services such as the App Store, iCloud, and Apple Music. The company is also committed to sustainability and privacy, integrating these principles into its products and operations. With a focus on premium quality and seamless integration across its devices, Apple has established a loyal customer base worldwide.
Apple (NASDAQAAPL) has experienced a reduction in its stock price target by Morgan Stanley, now set at $252, down from $275. Analyst Erik Woodring attributes this adjustment to delays in the rollout of advanced AI features for Siri, which were anticipated to drive iPhone upgrades in fiscal year 2026. Woodring now forecasts that Apple will ship approximately 230 million iPhones in 2025, consistent with 2024 figures, and expects a 6% increase to 243 million units in 2026. Consequently, revenue and earnings-per-share estimates for fiscal 2026 have been reduced by 5% to 6%.
Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.
In this video, I provide the technical analysis for AAPL and identify the key levels of support and resistance to be watchful over and how the long-term prospects look for a potential investment in this stock.
