70% of LGBTQ+ Shoppers Increase Apple Purchases; Jabil Raises 2026 EPS to $12.70
AAPL•Close to 70% of LGBTQ+ consumers report boosting purchases at Apple over perceived rollbacks in diversity and inclusion commitments, ranking Apple among top beneficiaries. Jabil, a key Apple component supplier, raised its 2026 adjusted EPS to $12.70 and lifted revenue guidance to $35B, driven by AI data-center demand.
1. LGBTQ+ Spending Shifts Favor Apple
A survey of LGBTQ+ consumers found nearly 72% reported purchasing fewer products from brands perceived to cut diversity and inclusion programs, while just under 70% increased purchases at companies they consider inclusive. Apple ranked among the top five beneficiaries of that spending uptick, reflecting growing brand loyalty within this demographic.
2. Jabil Upgrades Forecast on AI Demand
Jabil raised its fiscal 2026 adjusted EPS forecast to $12.70 from $12.25 and increased full-year revenue guidance to $35 billion from $34 billion, driven by robust AI-driven data-center infrastructure spending. The electronics manufacturer, which produces key components for Apple devices, cited stronger-than-expected performance across its technology and automotive segments.
