Analyst Sees Apple as ‘Eventual Winner on AI at the Edge,’ Keeps $270 Target

Core Viewpoint - Apple Inc. is being closely monitored by analysts as a significant player in the AI sector, with BofA Securities maintaining a Buy rating and a price target of $270.00 for the stock [1][2]. iPhone Shipping and Delivery - Recent tracking of iPhone shipping dates indicates stable delivery timeframes for the iPhone 17 Pro and Pro Max models, with average global ship times of 13 days for the iPhone 17 Pro and 20 days for the Pro Max as of October 13 [3]. - In the US, carrier websites show better availability than Apple's own website, with the Pro model having a lead time of 2-3 weeks on Apple's site compared to an average of 6 days on carrier sites, and the Pro Max also showing a similar trend with a lead time of 2-3 weeks versus 13 days on carrier sites [3]. Investment Rationale - The Buy rating is supported by strong capital returns, the potential for Apple to be an eventual winner in AI at the edge, and the optionality from new products and markets [2][3].