27-04-2020 21:38 via feedproxy.google.com

Why nobody on Wall Street really cares about Apple’s iPhone delay

Shares of Apple barely budged on Monday following a story in The Wall Street Journal that Apple would delay the production of its latest iPhones by roughly a month.
Leaks purport a Navy Blue iPhone 12 Pro with 5G capability is coming this fall
Brian Sozzi for Yahoo Finance:If you’re Apple, it pays to have gobs of cash and a gazillion plugged in sell-side analysts obsessively covering your stock.
At first blush, one would think news of a delay of any kind for fresh iPhones would be negative
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