Add as a preferred source on GoogleBofA Cuts Apple’s Fiscal 2027 iPhone Forecast by 9 Million Units
The forecast attributed to analyst Wamsi Mohan puts shipments at 247 million while keeping a Buy rating and $370 price target for Apple shares.
Bank of America Securities analyst Wamsi Mohan lowered his fiscal 2027 iPhone shipment forecast by 9 million units to 247 million, while keeping a Buy rating and a $370 price target on Apple shares.
Apple’s fiscal 2027 runs from Sept. 27, 2026, through Sept. 25, 2027. The forecast cut concerns expected iPhone shipments during that fiscal year; the rating and price target for Apple shares remain unchanged.
The $370 target applies to Apple common shares. Binance’s AAPLUSDT equity perpetual tracks Apple common stock and settles in Tether (USDT), but it is a separate derivative. Trading the contract does not convey ownership of Apple shares. TokenPost previously covered an AAPLUSDT price snapshot.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.