Apple (AAPL) Early iPhone 14 Release Could Blunt Impact from Possible Recession - Analyst Kuo

August 18, 2022 8:20 AM EDT
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TF International Securities analyst Ming-Chi Kuo weighed in on Apple (NASDAQ: AAPL) following reports it is targeting a Sept. 7th launch for the iPhone 14. Kuo said the early launch could help blunt the impact from a possible recession.

"The iPhone 14 announcement/shipping date may be earlier than iPhone 13/12, which could be one of the reasons why Apple offered a positive outlook for 3Q22 from the last earnings call," Kuo commented. "The global recession risk is still growing and unpredictable, so announcing/shipping the iPhone as soon as possible may minimize the impact of recession risk on demand."

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