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Bank of America believes Apple (AAPL) stock is poised to start ramping up ahead of the report.
Apple is expected to announce a new buyback authorization ahead of its Q2 earnings report.
KEY POINTS
- 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
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