# Bank of America believes Apple (AAPL) stock is poised to start ramping up ahead of the report.

*business · news · 2026-04-23 · Barchart*

## Key points

- Apple is expected to announce a new buyback authorization ahead of its Q2 earnings report.
- A foldable iPhone and an enhanced Siri with Gemini AI integration are slated for fall launch.
- Tim Cook will step down as Apple CEO on September 1, succeeded by John Ternus.
- Apple projects Q2 revenue growth between 13% and 16% year-over-year, fueled by strong iPhone sales.

**Companies:** Apple
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1477069/should-you-buy-apple-stock-before-april-30-bank-of-america-says-yes)

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