Apple Inc. is scheduled to hold another hardware launch event Monday. The Apple Analyst: Wedbush Analyst Daniel Ives maintained an Outperform rating and $185 price target on Apple shares. The Apple Thesis: Apple is expected to launch a handful of products, led by the MacBook Pro and likely the new AirPods 3, Ives said in a note. Apple’s decision to launch two key products despite the biggest global chip shortage in decades speaks to the company’s confidence in getting new Macs/AirPods into customers hands by the holiday season, the analyst said. Apple continues to refresh its hardware ecosystem across the board, the analyst noted. Monday marks the end of a long wait for Mac Pro power users to finally get the new Apple chips on board. The star of the show at the event will be the new M1Xpowered MacBook Pros with 14-inch and 16-inch models, Ives said. The new …
What This Apple Bull Expects From Monday’s ‘Unleashed’ Virtual Launch Event
October 16, 2021
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