Apple Q1 results top estimates, but iPhone sales fall just shy amid China weakness

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Citi's Take on Apple (AAPL) and Hon Hai Jan Revenue Implications

February 5, 2024 8:48 AM EST

Citi analyst Atif Malik reiterated a Buy rating and $225.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Hon Hai, ~ 50% Apple sales exposure, reported Jan revenue before the market open with +13% M/M (above 3-year seasonal average of -21%)... More