Form 4 Apple Inc. For: Aug 09 Filed by: KONDO CHRIS

Go back to Form 4 Apple Inc. For: Aug 09 Filed by: KONDO CHRIS

More evidence of late cycle iPhone strength: Morgan Stanley

August 15, 2024 11:12 AM EDT

Morgan Stanley analysts have observed stronger-than-expected Apple (NASDAQ: AAPL) iPhone 15 builds in July, leading to a significant upward revision in September quarter iPhone production.

The latest checks from Morgan Stanley's Greater China Tech Hardware team indicate that iPhone builds for the quarter have been increased to 54 million units, an 8% year-over-year growth, marking the highest... More