'Mini super-cycle' looms for Apple’s forthcoming iPhone 15 release - analyst
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‘Mini super-cycle’ looms for Apple’s forthcoming iPhone 15 release – analyst
Friday, August 4, 2023 12:42 pmNo Comments
Daniel Ives, Wedbush Securities analyst, joins CNBC’s ‘Squawk on the Street’ to discuss Apple’s June quarter earnings results, the price action post-earnings, and says that the upcoming iPhone 15 release is poised to be a “mini super-cycle.”
Pay attention to Apple’s Services, Ives says, and get ready for a “mini super-cycle” with the iPhone 15 family’s release.
MacDailyNews Take: As we wrote earlier today, “If Mr. Market ever figures out the value of Apple’s rapidly growing Services business, you’ll know that miracles do indeed happen.”
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