UBS Says Apple’s (AAPL) June 2026 Quarter App Store Growth at Approximately 3%

Apple Inc. (NASDAQ:AAPL) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX. On July 7, 2026, UBS analyst David Vogt said the firm's analysis of Apple Inc.

(NASDAQ:AAPL) App Store data from Sensor Tower suggests June 2026 quarter growth of approximately 3%, with U.S. revenue declining about 6%.

Vogt said easier year-over-year comparisons beginning in the September 2026 quarter could support an improvement in growth trends. UBS has a Neutral rating and $296 price target on Apple. On July 8, Apple announced a new multiyear commitment with Broadcom (AVGO) to design and produce custom silicon components and wireless connectivity technologies for a wide range of Apple products.

The agreement is expected to exceed $30B and lead to the production of more than 15 billion U.S.-made chips.

Apple said the deal will also support hundreds of American jobs and allow Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5B capital expenditure investment. UBS Says Apple's (AAPL) June 2026 Quarter App Store Growth at Approximately 3% On July 6, Jefferies analyst Edison Lee said China's internet platforms have driven post-618 discounting on iPhone 17 Pro/Pro Max models since Apple raised Mac and iPad prices.

Lee said the discounting, along with shorter-lived promotions from Suning and WeChat channels, contributed to roughly 20% volume growth over the recent fortnight. Jefferies said Apple may be a net beneficiary in the near term, though demand strength appears partly supported by elevated trade-in values that may be difficult to sustain. Jefferies has a Hold rating and $299.

88 price target on Apple. Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News. Apple Inc.

(NASDAQ:AAPL) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX. On July 7, 2026, UBS analyst David Vogt said the firm's analysis of Apple Inc. (NASDAQ:AAPL) App Store data from Sensor Tower suggests June 2026 quarter growth of approximately 3%, with U.

S. revenue declining about 6%. Vogt said easier year-over-year comparisons beginning in the September 2026 quarter could support an improvement in growth trends.

UBS has a Neutral rating and $296 price target on Apple. On July 8, Apple announced a new multiyear commitment with Broadcom (AVGO) to design and produce custom silicon components and wireless connectivity technologies for a wide range of Apple products. The agreement is expected to exceed $30B and lead to the production of more than 15 billion U.

S.-made chips. Apple said the deal will also support hundreds of American jobs and allow Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.

5B capital expenditure investment. UBS Says Apple's (AAPL) June 2026 Quarter App Store Growth at Approximately 3% On July 6, Jefferies analyst Edison Lee said China's internet platforms have driven post-618 discounting on iPhone 17 Pro/Pro Max models since Apple raised Mac and iPad prices. Lee said the discounting, along with shorter-lived promotions from Suning and WeChat channels, contributed to roughly 20% volume growth over the recent fortnight.

Jefferies said Apple may be a net beneficiary in the near term, though demand strength appears partly supported by elevated trade-in values that may be difficult to sustain. Jefferies has a Hold rating and $299.88 price target on Apple.

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None.

Follow Insider Monkey on Google News. Apple Inc. (NASDAQ:AAPL) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX.

On July 7, 2026, UBS analyst David Vogt said the firm's analysis of Apple Inc. (NASDAQ:AAPL) App Store data from Sensor Tower suggests June 2026 quarter growth of approximately 3%, with U.S.

revenue declining about 6%. Vogt said easier year-over-year comparisons begi