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Why This Apple Analyst Sees iPhone Production Cut As Nothing But A ‘Speed Bump’ In Multi-Year ‘Supercycle’

Why This Apple Analyst Sees iPhone Production Cut As Nothing But A 'Speed Bump' In Multi-Year 'Supercycle'

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Wedbush analyst Daniel Ives said the iPhone story is “unchanged” despite chip shortage leading to expectations of a holiday iPhone crunch.  The Apple Analyst: Ives has an “outperform” rating on the Tim Cook-led company with a 12-month price target of $185.

...read full article on Benzinga

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