Analyst Predicts Strong Apple Stock Performance Despite iPhone 16 Sales Concerns

Reported about 18 hours ago

Following the lukewarm sales of the iPhone 16, analysts have mixed views on Apple's outlook. While recent reports indicate that demand for the standard iPhone 16 models has been lacking, investment firms like JP Morgan and Evercore remain optimistic. They predict that Apple is poised to surpass lowered expectations in its upcoming quarterly report, buoyed by anticipated momentum from its Pro models and bolstered by strong demand for upgrades in the U.S. market.

Source: YAHOO

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