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Apple Inc. investors should not get lulled into complacency with the prospect of better-than-expected results in its upcoming quarterly earnings, UBS analysts said, citing a tepid demand backdrop for the balance of the year and into 2026.
The analysts warned that estimates on Wall Street for both the second half of 2025 and fiscal 2026 are currently too optimistic, since Apple’s
AAPL iPhone refresh in September will likely bring only a slight change in the form factor. Meanwhile, there’s little evidence that Apple Intelligence will have much impact.
This post was originally published on Market Watch