05-05-2023 22:02 via macdailynews.com

Apple’s indomitable iPhone soothes skittish Wall Street analysts

Wall Street analysts are impressed with the resilience of Apple’s iPhone sales in a tough and worsening economy.
iPhone 14 Pro Max
Emily Bary for MarketWatch:Turns out thousand-dollar smartphones are still proving to be essential purchases in a tough economy.
That’s the view of Evercore ISI analyst Amit Daryanani, who said that Apple Inc.’s latest quarterly results “validate not just the diversity of Apple’s revenue stream,” but also showcase “the &lsquo
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