AAPL Stock News
- Apple’s stock price performance is dependent on iPhone sales. The upcoming release of the iPhone 7 next month is again its biggest stock mover.
- I opine that even without a major upgrade/improvements, the iPhone 7 will outperform the sales of the iPhone 6s.
- The majority of iPhone loyalists are still unaware that Tim Cook has shifted to a 3-year refresh cycle for the iPhone.
- Most iPhone 6 users who ignored the iPhone 6s are therefore likely to upgrade their unit to the iPhone 7 this year.
- A better-than-iPhone 6s sales performance from the iPhone 7 will boost AAPL’s stock.
- I Know First’s algorithm is currently bullish on AAPL
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