JP Morgan disputes weak iPhone 18 Pro demand and raises Apple target to $360

JP Morgan is advising investors to disregard reports of weak demand for Apple's Pro phones. GSMArena reports that iPhone 18 Pro sales in China exceed those of the previous generation despite reported component order cuts. According to AppleInsider, JP Morgan's new share price target is $20 above its previous target.

• According to AppleInsider, JP Morgan lowered its target in July 2026 over supply constraints.

Covered by 3 publishers within 11 hours of the first report.

• GSMArena: JP Morgan: demand for iPhone 18 Pro models is stronger than for the 17 Pro models last year

Reporting3

AI AppleInsider JP Morgan dismisses iPhone cuts report, hikes AAPL target to $360 · William Gallagher 7:29 AM

GSM GSMArena JP Morgan: demand for iPhone 18 Pro models is stronger than for the 17 Pro models last year 3:31 PM

9M 9to5Mac Apple gets a $360 price target from JP Morgan despite iPhone demand concerns · Marcus Mendes 6:23 PM

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Topics AppleiPhone