Apple stock will get a boost from stronger iPhone demand – analyst

Wamsi Mohan, an analyst at BofA Global Research, is becoming more optimistic about Apple stock, citing stronger demand for iPhones.
Apple’s iPhone 14
Tae Kim for Barron’s:“Our checks suggest iPhones and Services are stable to better [with revenue] additionally aided by incremental FX [currency] tailwinds,” he wrote. “Although Macs and iPads have trended worse, the highest [profit] margin parts of the portfolio will likely keep gross margins stable.
The analy