Barclays Raises the PT on Apple Inc (AAPL), Keeps a Sell Rating

Core Insights - Apple Inc. is considered one of the most profitable stocks to buy currently, with a price target raised from $180 to $230 by Barclays, although they maintain a Sell rating [1] - KeyBanc's analysis indicates a 4% month-over-month decrease in October, which is better than the three-year average decline of 8%, but still reflects a 12% year-over-year decline [2] - Apple reported fiscal Q4 2025 results with a revenue growth of 7.94% year-over-year to $102.47 billion, surpassing expectations, driven by record iPhone and Service revenues [3] Financial Performance - Fiscal Q4 2025 revenue reached $102.47 billion, exceeding expectations by $215.52 million, marking a record for the September quarter [3] - Earnings per share (EPS) for the quarter was $1.85, which was $0.08 above expectations [3] - Record iPhone revenue was $49.025 billion, and Service revenue reached an all-time high of $28.750 billion [3] Market Analysis - Despite the weak data from Key First Look Data, hardware revenue for fiscal Q1 2026 is expected to align with expectations, although iPhone revenue may fall slightly below [2] - The company's performance continues to exceed historical averages, indicating resilience in its business model [2]