Apple Q3 results top estimates after iPhone sales shine as China demand rebounds

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Goldman Sachs on Apple (AAPL): 'July 2025 App Store Spending accelerates to +13% yoy'

August 4, 2025 12:25 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $266.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "BOTTOM LINE: July 2025 Apple App Store spending grew 13% yoy per Sensor Tower, marking an acceleration from +12% yoy growth in June 2025 and the fastest monthly... More