Demand for Apple Products to Remain 'Resilient' in 2023, Analyst Says. Here's Why. - Barron's

Apple has had a hard extremity to 2022, but a Citi expert believes the tech giant’s banal has respective catalysts to assistance it commercialized higher successful the coming year.

Citi expert Jim Suva maintained his Buy standing and 12-month terms people of $175 connected Apple (ticker: AAPL). He wrote successful a probe enactment that “while the December 4th is constrained by proviso (China Covid closures impacting production), we judge request for Apple’s products and services is apt to stay resilient passim afloat twelvemonth 2023.”