BofA's Wamsi Mohan kept a Buy on Apple with a $250 forecast, projecting iPhone 17 shipments to grow 1% to 235M units in FY26. Mohan expects iPhone 17 Air debut Sept. 19, priced $100 higher, with AI features, new Apple Watch, AirPods, and Siri upgrades. The market is reacting to Powell's speech.

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<p>BofA's Wamsi Mohan kept a Buy on Apple with a $250 forecast, projecting iPhone 17 shipments to grow 1% to 235M units in FY26. Mohan expects iPhone 17 Air debut Sept. 19, priced $100 higher, with AI features, new Apple Watch, AirPods, and Siri upgrades. The market is reacting to Powell's speech.</p>

- BofA's Wamsi Mohan maintains a Buy rating on Apple, forecasting a price target of $250.  
- He projects a 1% growth in iPhone 17 shipments, estimating 235 million units for FY26, with the iPhone 17 Air debuting on September 19 at a $100 higher price.  
- The market is currently responding to Federal Reserve Chair Powell's recent speech.  

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