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Goldman Sachs on Apple (AAPL): 'investors likely will remain concerned around product gross margins'

March 2, 2026 3:07 PM EST

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $330.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apple announced the iPhone 17e and M4 iPad Airs, where the most prominent surprises include (a) stable starting price on the iPhone 17e, and (b) 256 GB starting storage for iPhone 17e (v. 128 GB starting iPhone 16e storage). AAPL effectively reduced prices on the iPhone 17e through (a) holding starting iPhone 17e prices flat... More