Here's How Analysts View Apple's Latest Products, Services

Analysts tried to gauge the impact of Apple Inc's AAPL products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023.
Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple users spent slightly less than $1 per day on all Apple products and services last year.
Also Read: Rumors About Apple Cutting AirPods Orders Not True, Says Analyst
Huberty, who saw subscription offerings can reduce hardware replacement cycles and increase spending per user, had an Overweight rating and a $210 price target (19.6% upside) on Apple.
iPhone SE 3 availability tracking suggested that the lead times have moderated in almost all geographies, except China, JPMorgan analyst Samik Chatterjee said.
iPhone SE 3's store pick-up continues to be unavailable in China, and delivery lead times have expanded modestly.
Chatterjee viewed these early data points as more indicative of limiting the potential for upside to his volume estimates for 30 million iPhone SE 3.
Chatterjee kept an Overweight rating on Apple with a $210 price target.
Price Action: AAPL shares are trading higher by 0.68% at $176.78 premarket on the last check Tuesday.

Analyst Calendar