Apple (AAPL) iPhone 16 Lead Times Raise Concerns for Investors
Monday, 30 September 2024, 06:28
Apple (AAPL) iPhone 16 Lead Times Cause Concern
The latest mark of uncertainty stems from the iPhone 16 lead times reported by analysts in the tech industry. As Apple (AAPL) faces increasing pressure, investment experts are beginning to reassess their bullish outlook.
Wall Street Reactions
According to Chris Hyzy, Merrill & Bank of America Private Bank's chief investment officer, there is "a lot of momentum" behind the current market rally.
- Increased lead times can suggest potential supply chain issues.
- Analysts are closely monitoring consumer reactions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.