Apple Q3: Double-Digit Growth In Services Continues, Time To 'Buy' (Upgrade)

I am upgrading Apple Inc. to a buy with a $240 fair value, as China risks fade and AI progress gains focus. AAPL Q3 FY25 results showed strong 9.6% revenue and 12.2% EPS growth, with robust iPhone and double-digit services growth. Apple's expanding services ecosystem and upcoming AI-driven Siri enhancements will be key growth drivers moving forward.