Wedbush remains bullish on Apple after 'bumpy' China results

Investment firm Wedbush says its expectations for Apple are 'firmly unchanged' as earnings showed a strong holiday quarter despite a decline in China.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu Wedbush has been consistently pro-Apple since what it called a 'very impressive' launch of the Apple Vision Pro. The company rose its Apple target price to $250, and has now announced that it is retaining that figure, even as JP Morgan cuts its target back.'Apple delivered some good and bad news that will be focus on the Street today,' wrote Wedbush analysts in a note to investors seen by AppleInsider, 'with Cupertino beating the Street across the board although a weak China number and softer 'very conservative' March guidance will weigh on shares a bit.' Continue Reading on AppleInsider | Discuss on our Forums