Investment firm Wedbush now expects what it calls a massive upgrade cycle for the forthcoming iPhone 16 range, and even an end to Apple’s problems in China.
Wedbush has been bullish about Apple since WWDC. In particular, the firm is excited about Apple’s chance to grow iPhone sales.
Its analysts are going further in their expectations for Apple’s growth, however. Citing their own supply chain checks in Asia, Wedbush is saying that demand for the iPhone 16 looks likely to be “monumental” and “a massive upgrade cycle.”
