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Evercore ISI on Apple (AAPL): 'EVR Monthly App Store Update: Dec-qtr Off to a Good Start'

November 5, 2024 3:26 PM EST

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: App Store revenue grew +15% in October, a small acceleration vs the 14% growth rate in September. Apple guided services growth to ~13% in the Dec-qtr, so if App Store revenue can maintain this growth... More