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📰 $AAPL – APPLE’S CHINA IPHONE SALES TO REBOUND ON AI-DRIVEN SUPER CYCLE Apple’s China iPhone sales will show a strong rebound over the next year with the beginning of its AI-driven super cycle led by iPhone 16, according to Wedbush in a research note. Analysts estimate roughly 300 million iPhones globally haven’t been upgraded in over four years. In China alone, there are 100 million iPhones in the window for an upgrade opportunity for 2025, according to the analysts. Overall in FY25, Wedbush thinks Apple could sell north of 240 million iPhone units, “as this AI-driven upgrade cycle takes hold.” Apple rises 1.8% to $236.39 in pre-market trading

October 18, 2024
Frank

$AAPL – APPLE’S CHINA IPHONE SALES TO REBOUND ON AI-DRIVEN SUPER CYCLE

Apple’s China iPhone sales will show a strong rebound over the next year with the beginning of its AI-driven super cycle led by iPhone 16, according to Wedbush in a research note. Analysts estimate roughly 300 million iPhones globally haven’t been upgraded in over four years. In China alone, there are 100 million iPhones in the window for an upgrade opportunity for 2025, according to the analysts. Overall in FY25, Wedbush thinks Apple could sell north of 240 million iPhone units, “as this AI-driven upgrade cycle takes hold.” Apple rises 1.8% to $236.39 in pre-market trading