Iphone 8 Will Address Pent Up Demand From Installed Base Analyst Believes
Analysts have been expecting this fall’s iPhone 8 to prompt a so-called ‘super cycle’ for weeks, and now Credit Suisse is the latest to push that expectation. Analyst Kulbinder Garcha at the firm cites ‘pent up demand’ from the iPhone installed base for a very different model than recent hardware updates. For that reason, Garcha has been telling investors to buy AAPL as the firm believes the stock price is currently undervalued....