Apple's iPhone 15 sees promising preorders, lifting hopes for stock recovery

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Goldman Positive on Apple (AAPL): 'Lead times extend for the iPhone 15 and 15 Plus suggesting strong demand'

September 19, 2023 2:12 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $216.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "We update our analysis of iPhone 15 fulfillment times on Apple.com, which shows lead times for all models of the iPhone 15 extending further, with the most notable... More

This is why Barclays thinks Apple will see a 'difficult' iPhone 15 cycle

September 19, 2023 6:52 AM EDT

Barclays analysts led by Tim Long conducted channel checks for Apples (NASDAQ: AAPL) iPhone 15 pre-orders in China as some media reports suggested that the tech titan is seeing strong demand for high-end phones.

Investors should take the delivery times with a grain of salt, according to Long, as he says these are influenced by... More

Apple (AAPL) extends gain, now up 2.3%

September 18, 2023 12:43 PM EDT

Apple (NASDAQ: AAPL) extends gain, now up 2.3%

Earlier: Apple's iPhone 15 sees promising preorders, lifting hopes for stock recovery... More