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Apple’s (AAPL) September 9 “Awe-Dropping” Event Could Spark iPhone Upgrade Cycle
  • Business

Apple’s (AAPL) September 9 “Awe-Dropping” Event Could Spark iPhone Upgrade Cycle

  • August 30, 2025
  • Roubens Andy King
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Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Hit with New Analyst Ratings. On August 26, Goldman Sachs analyst Michael Ng reiterated a Buy rating on the stock with a $266.00 price target.

The firm asserted that even though September product events have had “nominal impacts” on day-of stock price performance in the past, the reports are encouraging this time.

The factors it has highlighted for the turnaround are form factor updates to iPhone 17 models, potential price increases to the iPhone 17 Pro, and sustained carrier competition driving device-related promotions.

“Apple will host a special event “Awe-Dropping” on September 9th, 2025, when it is expected to announce new products including the iPhone 17 series, and an updated Apple Watch portfolio (Series 11, Ultra 3, SE 3). “

Apple is a technology company known for its consumer electronics, software, and services.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks Hit with New Analyst Ratings and 10 Trending AI Stocks on Wall Street

Disclosure: None.

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