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Analyst Sees 6 Million iPhone Duo Sales, Too Small to Move Apple Stock
Original: Analyst Sees 6 Million iPhone Duo Sales This Year. Why That’s Not Enough to Move AAPL Stock.
An analyst projects 6 million sales of the iPhone Duo this year, but argues that figure is too small to meaningfully affect Apple's stock performance. The forecast suggests the new device, while generating buzz, represents only a marginal slice of Apple's overall iPhone volumes and revenue, limiting its impact on investor sentiment around AAPL.
Why now: Investors are weighing whether Apple's newest iPhone product line can meaningfully contribute to revenue and justify stock movement.
Evidence
- Analyst Sees 6 Million iPhone Duo Sales This Year. Why That’s Not Enough to Move AAPL Stock. · Barchart.com
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