
Apple's stock ($AAPL) has seen positive movement after Needham reiterated a 'Buy' rating and maintained a price target of $220. Analysts suggest a longer smartphone replacement cycle and potential price increases on high-end models. The stock is up 2.0% following the news, with shares trading higher. Additionally, Apple has experienced a 14% increase in the 5 weeks leading up to WWDC, with qualitative growth since June 10. There are indications of increasing orders for TSM A18 & A18 Pro processors, with plans for build expansion in progress.



$AAPL holding c positions monthly https://t.co/X3JnA8uOe6
Apple $AAPL is now up 3% so far today 🍏🍏🍏 https://t.co/JQHvPiIZWA
$AAPL Solid move from $209 and confirming a 1hr reversal here... I love this one and continue to be long a few k shares and calls... I think it takes local highs soon https://t.co/Hn8ydZVIIh