Buy the Dip in Apple Stock Before January 29, According to Goldman Sachs

Core Viewpoint - Apple (AAPL) is experiencing a stock dip ahead of its fiscal Q1 2026 results, with a 9% decline over the past month, but analysts at Goldman Sachs see this as a buying opportunity [1] Group 1: Financial Performance - Analyst Michael Ng projects a 13% year-over-year increase in iPhone revenue, with shipments expected to rise by 5%, driven by a 26% surge in China as Apple regains its top position in the Chinese smartphone market [2] - Over the past 52 weeks, AAPL stock has gained 11%, and it has risen 16% over the past six months, despite volatility [5] - Following tariff announcements in April 2025, AAPL reached a 52-week low of $169.21 but has since increased by 47% from that level [5] Group 2: Strategic Developments - Goldman Sachs has assigned a "Buy" rating with a price target of $320 for AAPL stock [3] - Apple has committed $100 billion to U.S. investments, totaling $600 billion over the next four years, and has begun shipping U.S.-made servers for AI applications [6] - The recent launch of the new iPhone 17 lineup, along with refreshed versions of the iPad Pro, Vision Pro headset, and 14-inch MacBook Pro, has contributed to AAPL's performance [6] Group 3: Company Overview - Apple is one of the world's most dominant corporations, known for its innovations in technology, aesthetics, and user-centric devices, with a market capitalization of $3.65 trillion [4]