<ul><li>Argus analyst Jim Kelleher raises Apple price target to $280, citing increased earnings estimates for fiscal 2025.</li><li>Apple's Asian suppliers report iPhone 16 sales meeting expectations with no production cuts announced.</li><li>Some sources suggest iPhone 16 Pro demand may be lagging, but iPhone sales expanding globally.</li><li>Positive outlook on rollout of Apple Intelligence, expected to gradually launch internationally.</li></ul>

Argus hikes Apple target price to $280 on ‘positive signs for iPhone sales’

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