Apple’s (AAPL) Outlook Is Positive, Goldman Executive Says

Larry Ramer

Wed, Apr 9, 2025, 8:23 AM 2 min read

Apple (AAPL) has multiple, significant, affirmative catalysts, Goldman Sachs Managing Director Sung Cho told CNBC recently. He noted that AAPL banal is his largest holding successful the tech sector.

Cho is besides upbeat connected the tech assemblage successful general.

A wide presumption of an Apple store, showing the scope of products the institution offers.

Why Cho Is Bullish connected AAPL

Apple has meaningful pricing power, particularly successful the U.S., the managing manager said. The marketplace is underestimating the tech giant's pricing power, helium believes.

Additionally, the institution has a important magnitude of "flexibility successful its proviso chain," on with a almighty equilibrium sheet, Cho stated.

Finally, arsenic a effect of the AI Revolution, Apple's App Store income volition get a boost arsenic a meaningful fig of AI-powered apps participate the store, Cho explained.

"Although Apple's outlook is highly antagonistic successful the adjacent term, determination are things it tin bash to respond" to the situation, Cho said.

Tech Is Well-Positioned, Cho Says

Tech stocks person greater pricing power, stronger "competitive moats" and "cleaner equilibrium sheets" than their counterparts successful different sectors, Cho said.

Moreover, portion the valuation of tech astatine its highest was 30% higher than that of the S&P 500, that disparity has dropped to 7% now, helium reported.

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