Group 1 - Apple is planning a new $100 billion investment in U.S. manufacturing to increase domestic production and avoid potential tariffs, which has positively impacted its stock price, rising 3.62% on August 6 [1] - The average predicted price for Apple stock by the end of August is $209.17, indicating a potential upside of 2.56% from the current price of $203.94 [3][4] - Various AI models have provided different price predictions, with the most optimistic being $215.75 from Claude 3.5 Sonnet, suggesting a 5.79% upside, while other models predict more modest increases [5] Group 2 - Apple reported strong fiscal third-quarter results, with iPhone sales increasing by 13% year-over-year, marking the largest quarterly sales growth since 2021, and overall product revenue rising 8% to $66.6 billion [6] - The company incurred $800 million in tariff-related expenses during the quarter and anticipates this will rise to $1.1 billion in the next quarter, highlighting the importance of its U.S. production strategy [7]
Machine learning algorithm predicts Apple stock price on August 31, 2025