Now that Q2 has come to end, the focus on Wall Street will turn to the second quarter results. In Apple’s (AAPL) case, the past 3 months have been defined by the Covid lockdowns in China which will adversely affect revenue by between $4 billion and $8 billion. However, recent checks made by Wedbush analyst Daniel Ives regarding the Asia iPhone supply chain indicate that over the past few weeks the situation has been “steady with slight improvements.
https://www.tipranks.com/news/article/apple-the-iphone-upgrade-cycle-is-underappreciated-says-5-star-analyst?utm_source=advfn.com&utm_medium=referral
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