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Apple (AAPL) iPhone shipments 'stronger than anticipated': analysts
August 22, 2024 10:36 AM EDTApple (NASDAQ: AAPL) is seeing stronger-than-expected iPhone shipments for the September quarter, according to Loop Capital analysts.
In their recent note, Loop Capital's Supply Chain Analyst indicated that iPhone shipments are tracking well above initial forecasts, prompting the firm to reiterate its Buy rating and $300 price target for Apple shares.
The firm's analysis suggests that September quarter iPhone shipments are expected to reach... More
Loop Capital Reiterates Buy Rating on Apple (AAPL)
August 22, 2024 8:52 AM EDTLoop Capital analyst Ananda Baruah reiterated a Buy rating and $300.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Reiterating our Buy and $300 PT after the work of Loop Capital Supply Chain Analyst John Donovan suggests that Sep Q iPhone shipments are tracking... More
