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Title: Morgan Stanley analyst calls iPhone production issues 'overblown' Post by: HCK on October 25, 2021, 04:05:23 pm Morgan Stanley analyst calls iPhone production issues 'overblown'
What you need to know Morgan Stanley analyst Katy Huberty has released a new note to investors. The analyst said that iPhone and services performance will propel Apple above Wall Street expectations for Q4. Huberty also said that iPhone production issues were "overblown." Huberty is quite bullish about what to expect in the fourth quarter from Apple. Despite concerns around the current supply chain and the ongoing chip shortage, Apple is reportedly likely to beat out Wall Street's financial expectations for the fourth quarter of 2021. In a note to investors obtained by AppleInsider, Morgan Stanley analyst Katy Huberty said that the performance of the iPhone and the company's services business will propel Apple past the outcomes that analysts are expecting to hear when the company hosts its fourth-quarter earnings call next week. As with past quarters, the analyst doesn't expect Apple to provide formal guidance. Although she's upbeat about Apple's December quarter despite su... Source: Morgan Stanley analyst calls iPhone production issues 'overblown' (http://feedproxy.google.com/~r/TheIphoneBlog/~3/0zR2DEPDzK4/morgan-stanley-analyst-calls-iphone-production-issues-overblown) |