In a brand new investor notice, Financial institution of America Analysis analyst Wamsi Mohani supplied his market outlook forward of the upcoming September 9 occasion, the place the iPhone 17 lineup shall be introduced. Right here’s what he mentioned.
In his notice, issued earlier than as we speak’s occasion affirmation, Mohani echoed a sentiment usually raised by Apple watchers on the upcoming lineup:
“Some media reviews and tech web sites are highlighting Tues Sep ninth as a possible launch date for iPhone 17 (not official but), with pre-orders beginning Friday Sep twelfth, and new iPhones reaching shops on Fri Sep nineteenth. We anticipate the principle function to be the launch of a slim iPhone (iPhone 17 Air) to switch the present Plus mannequin. Whereas prior kind issue modifications have pushed a meaningfully increased subsequent iPhone cycle, in our opinion, investor expectations for the profit from a skinny cellphone are extra tempered.”
Regardless of the tempered expectations warning, Mohan reiterated the “Purchase” score on Apple inventory, with a worth goal of $250.
That’s increased than the latest goal from Morgan Stanley ($235), though that forecast was issued a couple of days forward of Apple’s newest quarterly outcomes, and the latest Washington stunts.
Apple confirms September 9 occasion
As alluded to by Mohani, Apple confirmed as we speak the “Awe dropping”, scheduled for September 9.
Within the occasion, Apple is anticipated to announce the iPhone 17, iPhone 17 Air, iPhone 17 Professional and iPhone 17 Professional Max, Apple can even probably announce the Apple Watch Sequence 11 and Apple Watch Extremely 3, and presumably the AirPods Professional 3 and AirTag 2.
9to5Mac shall be in attendance for hands-on protection of the whole lot introduced.
Accent offers on Amazon
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.
