Apple (AAPL), Google (GOOG) Vie for Mobile Game Exclusivity

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When's the Time to Buy Apple (AAPL)? Right Now, Analyst Says

April 17, 2014 11:55 AM EDT

Morgan Stanley is out with positive commentary on Apple (Nasdaq: AAPL) ahead of the consumer electronics giant's Q2 report, which is expected out next Tuesday.

Analyst Katy L. Huberty sees iPhone demand at 40.6 million units, according to the latest data from Morgan Stanley's AlphaWise smartphone tracker. The analyst commented, Recent promotions, like those at US carriers and retailers, and product adjustments, notably the introduction of an 8GB iPhone 5c in some regions, may have stimulated demand more than expected. We model 38M iPhones for the quarter,... More