Apple can deliver upside to low iPhone 16 sales expectations: Evercore ISI

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Morgan Stanley Reiterates Overweight Rating on Apple (AAPL)

September 30, 2024 6:03 AM EDT

Morgan Stanley analyst Erik Woodring reiterated an Overweight rating and $273.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Our view on iPhone 16 cycle demand remains unchanged. While we do think the elongation of iPhone 16 Pro/Pro Max lead times is more of... More

Evercore ISI on Apple (AAPL): 'Lead times holding up reasonably well for the Pro/Pro Max model'

September 27, 2024 12:54 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "ALL YOU NEED TO KNOW: The iPhone 16 and 16 Pro lineup has been available for pre-order in most geographies since Sep 13th, and lead times for the Pro/Pro Max models have remained relatively stable since we last ran the analysis on 9/20, while lead times for the 16 and 16 Plus have decreased. All delivery times referenced are for delivery of a sim-free phone from the Apple website. China lead times... More