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Why Investors Should Consider Buying Apple Stock Ahead of Its September iPhone Event

Why Investors Should Consider Buying Apple Stock Ahead of Its September iPhone Event

As Apple prepares to unveil the iPhone 18 Pro and iPhone Ultra at its September event, <source>6936e037-ff3</source> investors may want to consider buying the stock ahead of the unveiling. KeyBanc analyst Brandon Nispel noted that the carrier data showing a 9% rise in spending month-over-month, while not definitively positive, could reflect a rebound from weak prior periods and purchases ahead of the iPhone launch. <source>6936e037-ff3</source> Despite a premium valuation, Apple's ecosystem of products such as the App Store, iCloud, and Apple Music, along with its growing Services business, provide a strong revenue engine.

With a market cap of $4.5 trillion, the company has consistently delivered revenue growth and customer loyalty, as evidenced by its 52-week gain of 32.2%. Apple's dividend has grown for 13 consecutive years, with an annual payout of $1.08 per share at a 0.35% yield. In its Q3 FY2026 earnings report, Apple reported $109.4 billion in revenue, up 16.4% year-over-year, with iPhone revenue growing 21.7% to $54.3 billion.

Analysts remain bullish on AAPL, with an average price target of $322.63, representing a potential 5.5% upside from current levels.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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