UBS Reaffirms Price Target on Apple (AAPL) After Mixed iPhone 17 Preorder Data

Group 1 - Apple Inc. is currently considered a hot stock to invest in, with UBS reaffirming a $220 price target and Neutral rating based on early iPhone 17 preorder data [1] - UBS Evidence Lab data indicates a mixed response to the iPhone 17 lineup since preorders began on September 12, monitoring availability across 30 regions [1][2] - The base iPhone model remains priced at $799 but now includes 256GB of storage instead of 128GB, which may influence consumer purchasing decisions [2] Group 2 - Apple Inc. offers a range of products including the iPhone, Mac, and Apple Watch, along with a service portfolio that features iCloud and Apple Music [3] - Currently, Apple has seven iPhone models available on its website, down from nine models during last year's launch period [2]