Home » Analyst: iPhone 13 demand is increasing, and Apple’s stock price trend is positive. Signal provider Zhitong Finance

Analyst: iPhone 13 demand is increasing, and Apple’s stock price trend is positive. Signal provider Zhitong Finance

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© Reuters. Analyst: iPhone 13 demand is increasing, Apple (AAPL.US) stock price trend shows positive signs

Zhitong Finance APP learned that some analysts pointed out that the demand for the latest Apple (NASDAQ:)(AAPL.US) iPhone 13 product was stronger than expected, and the stock price also showed a positive trend.

KGI Securities reiterated Apple’s investment rating of “outperform” and reiterated its target price of $180, which means that the stock price has a 26% upside potential. Data shows that demand for iPhone 13 Pro and Pro Max products is rising. The company predicts that sales of high-end mobile phones will account for more than half of the iPhone 13’s total sales. This will offset the potential negative impact of the legal dispute between Apple and Epic game. KGI said that the first-day booking prices in China also seem to be very high. It is reported that in the first eight days after the release of the new iPhone, Apple’s pre-orders in China reached 5 million.

Evercore ISI’s survey shows that with the introduction of hybrid Pro/Max models and the increase in memory space, the average selling price of this model has seen a “significant increase.” At the same time, this also indicates an increase in unit sales. Analyst Amit Daryanani and his team said that the availability of the 1TB capacity model in the Pro model has aroused consumer interest and pointed out that the price of this model is $200 higher than the previous most expensive model. At the same time, they also expect that the memory of the iPhone 13 low-profile version will only increase from 64GB in the previous version to 128GB, which may bring “moderate” resistance to sales. The company set Apple’s target stock price at $180.

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