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2021-07-29

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Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>

A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown o

Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":808385242,"tweetId":"808385242","gmtCreate":1627557455386,"gmtModify":1633763833174,"author":{"id":4087561013797630,"idStr":"4087561013797630","authorId":4087561013797630,"authorIdStr":"4087561013797630","name":"kityeng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Good</body></html>","htmlText":"<html><head></head><body>Good</body></html>","text":"Good","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/808385242","repostId":2154927572,"repostType":4,"repost":{"id":"2154927572","kind":"highlight","pubTimestamp":1627543239,"share":"https://www.laohu8.com/m/news/2154927572?lang=zh_CN&edition=full","pubTime":"2021-07-29 15:20","market":"us","language":"en","title":"Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2154927572","media":"MarketWatch","summary":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown o","content":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call<blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><blockquote></blockquote> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.<blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.<blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.<blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote> The post-pandemic world \"would be very good for us\" and customers, he continued.<blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.<blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"<blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.<blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.<blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.<blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.<blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.<blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote> McNealy has a buy rating and $175 price target on the stock.<blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.<blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote> Rakers rates the stock at overweight and boosted his price target to $165 from $160.<blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.<blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.<blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHave we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-07-29 15:20\n\n</h4>\n</header>\n<article>\nA vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call<blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><blockquote></blockquote> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.<blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.<blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.<blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote> The post-pandemic world \"would be very good for us\" and customers, he continued.<blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.<blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"<blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.<blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.<blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.<blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.<blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.<blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote> McNealy has a buy rating and $175 price target on the stock.<blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.<blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote> Rakers rates the stock at overweight and boosted his price target to $165 from $160.<blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.<blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.<blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154927572","content_text":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call\n\nA standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.\nShares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.\nApple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.\nThe post-pandemic world \"would be very good for us\" and customers, he continued.\nStill, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.\nThough Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"\nCiti's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.\nSuva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.\nNumerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.\nApple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.\n\"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier T-Mobile US Inc. $(TMUS)$ indicating still-low upgrade rates.\nMcNealy has a buy rating and $175 price target on the stock.\nWells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 & 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.\nRakers rates the stock at overweight and boosted his price target to $165 from $160.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.\nThe stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3067,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}