Analysts have been relatively optimistic thus far when it comes to their expectations for Apple’s new flagship iPhone this year. Analysts at Citi increased their target price for AAPL from $140 to $160 based on iPhone 8 rumors, while Ming-Chi Kuo of KGI Securities expects Apple’s new iPhone 8 to significantly impact the supply chain this year.
Now, Morgan Stanley’s Kate Huberty is out with her thoughts on this year’s iPhone “super cycle,” explaining that she doesn’t think Wall Street realizes the full potential of iPhone 8…
more…Filed under: Apple
