Wedbush Checks Align with a Mid September Apple (AAPL) iPhone 13 Launch

Wedbush analyst Daniel Ives reiterated an Outperform rating and $185.00 price target on Apple (NASDAQ: AAPL) after recent Asia supply chain checks put iPhone builds between 130M-150M, with iPhone 13 ~35%-45% of iPhone builds in Q3

The analyst stated "this positive outlook gives us enhanced confidence that 2021's launch timing will be normal. From a timing perspective, we believe the current iPhone 13 launch is slated for the third week in September."

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 $130.46 yesterday.

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