We lifted our fair value estimate for shares of extensive-moat Apple (AAPL) to $185 from $170 immediately after raising our medium-term iPhone income forecast. We continue to count on strong income expansion in fiscal 2025 as consumers up grade their iPhones to take advantage of Apple’s generative artificial intelligence https://financefeeds.com/pretiorates-thoughts-51-will-the-chinese-party-be-followed-by-a-hangover/