Mac OS Ken Evercore Raises Its Apple Target - MOSK: 03.19.2025
Mar 19, 2025
An analyst raises Apple's stock target to $275 while the company faces an antitrust battle in Germany. Apple is expanding its payment solutions, now including support in Puerto Rico. A minor issue plagues Apple Music, and a firmware update has been released for the MagSafe charger. Exciting content is coming to Apple TV+, including the return of 'The Buccaneers' and a new podcast titled 'Big Time.' Lastly, a sneak peek of an intriguing true crime series featuring outrageous schemes grabs listeners' attention.
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Apple Price Target Increase
- Evercore analyst Amad Arayanani raises Apple price target to $275.
- Investors overemphasize iPhone growth and underappreciate other Apple revenue streams.
Apple's Antitrust Appeal Loss in Germany
- Apple lost an antitrust appeal in Germany regarding App Store policies.
- Germany can now impose rules on iPhone app sales, despite the existing EU Digital Markets Act.
Apple Pay Expansion
- Apple Pay expands to Puerto Rico with Banco Popular support.
- Puerto Ricans previously had limited Apple Pay functionality despite being a US territory.
