Wall Street will be looking for clues about the next iPhone when Apple reports earnings Thursday afternoon. Will the next model be delayed?
Apple Inc. leads investors on a metaphorical scavenger hunt every year, and that should kick off later this week.
Will Apple’s September quarter indeed feature the iPhone 15 this time around? That’s a key question, especially after BofA Securities recently warned that the iPhone 15’s selling debut could slip by a few weeks due to production issues, with the implication being that sales may not begin until the start of the December quarter.All of that brings us back to Apple’s forecast, which is harder to parse these days.
“While the recovery in global smartphone demand is below expectations, it appears that the premium market is less impacted,” Deutsche Bank analyst Sidney Ho wrote recently.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Bank Endorses Elizabeth Warren's Strict Crypto BillThe bill seeks to strengthen enforcement of BSA compliance.
Read more »
Troubles for Wall Street office tower worsen as foreclosure loomsThe unfortunate case of 111 Wall Street might be even more unfortunate than it sounds. Two months since we wrote that the vacant, 1.2 million square-foot tower at the corner of South Stre…
Read more »
Stock futures steady as Wall Street eyes five-month winning streakU.S. stock futures were little changed early Monday, holding levels that would secure a fifth consecutive month of gains amid optimism over corporate earnings.
Read more »
Carvana's stock downgraded once more as analyst says Wall Street overlooks these risksCarvana shares are in the midst of a roaring rally this year, but Jefferies thinks Wall Street isn't properly considering risks facing the used-car retailer.
Read more »