Apple’s supply chain checks show there are fewer cuts to orders than they expected at this time of year, with Dan Ives of Wedbush Securities saying that because of it, Apple will have a tremendous year.
Apple MixC Wenzhou
Apple MixC Wenzhou
On February 4, Wedbush released a note to investors claiming there were signs of a possible “product renaissance” for Apple. In a TV appearance on Monday, Wedbush managing director Dan Ives continued to press forward on that idea.
Initially discussing supply chain checks and if Apple’s China business is stabilizing or growing, Ives said on CNBC Squawk on the Street that the accuracy of the checks have become “more accurate than not,” at least in relation to demand.
Go Here to Read this Fast! Apple could be just a year away from being worth $4 trillion
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Apple could be just a year away from being worth $4 trillion