Apple Inc. reported impressive earnings on Thursday, achieving $111.18 billion in revenue for the second fiscal quarter, surpassing the expected $109.66 billion. While iPhone sales fell short at $56.99 billion, analysts remain bullish about the company's future. Earnings per share reached $2.01, exceeding the consensus estimate of $1.95. The company forecasts a revenue increase of 14% to 17% for the upcoming quarter, significantly higher than analysts' predictions of 9.5%. Analysts from major firms like Morgan Stanley and Citi have given positive ratings, with price targets suggesting potential increases of 22% to 25% from the current share price. Despite concerns over rising memory costs and the sustainability of iPhone sales, the overall sentiment is optimistic, highlighting Apple's strong ecosystem and growth potential in services and new product categories.