How Apple's 6.1-Inch iPhone Can Solve This Key Issue
Analyst Jun Zhang with Rosenblatt Securities (via Barron's), citing proprietary research, claims that Apple (NASDAQ: AAPL) recently boosted production of its iPhone 7 and iPhone 7 Plus by 3 million-4 million units ahead of the holiday selling season while simultaneously cutting iPhone 8 (and presumably iPhone 8 Plus) production by that same amount.
"In our view the average, mid-end consumer is choosing an iPhone 7 over the iPhone 8, whereas high end customers are more likely to choose an iPhone X," Zhang wrote.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€196.30
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Currently there is a rather positive sentiment for Apple Inc. with 134 Buy predictions and 13 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 6.47% for Apple Inc. compared to the current price of 196.3 €.
