Morgan Stanley: Apple’s multiyear iPhone upgrade cycle is a ‘when, not an if’
Morgan Stanley analyst Erik Woodring says iPhone shipping times don’t carry the predictive power some analysts and investors assume, and he continues expect a big surge in iPhone demand over the near term.
Martin Baccardax for TheStreet:
“Historically, first-two-week lead times are directionally predictive of next-12-month sh…
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