Apple (AAPL) iPhone X Preorders are Strong- Rosenblatt

October 27, 2017 9:17 AM EDT
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Price: $162.41 -1.28%

Rating Summary:
    46 Buy, 18 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 19 | New: 35
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Rosenblatt maintains Neutral on Apple (NASDAQ: AAPL) price target of $150.00.

Analyst Jun Zhang believes iPhone x pre-orders reached 5.5 million unit in the first five hours in China compared with 4 million for iPhone 8 in the 3 days according to a morning research note. The analyst believes the grey 256GB model is the most popular model thus far in China.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $157.41 yesterday.

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