$AAPL – GOLDMAN SACHS REITERATED A BUY RATING AND $294
China Foreign Phone Shipments Rebound in Feb 2025
🔸 +9% YoY growth, recovering from -21% in Jan (best since June 2024).
🔸 Boosted by potential iPhone 16e pre-launch (Feb 28, 2025) sales.
🔸 -40% MoM decline, outperforming historical avg. (-67%).
🔸 Market share fell as Chinese brands surged +44% YoY.