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Apple Analysts Give the Bull and Bear Cases For iPhone 11 Demand

6 monthes ago   |   By Fortune

Apple opened preorders of its new iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max on Friday. Now Wall Street analysts are trying to weigh early consumer demand for the devices, a key indicator of the company's future financial results and stock performance.
Like is often the case, they don't agree.
For its part, Apple doesn't disclose preorder figures. Moreover, earlier this year, the company stopped reporting in its quarterly earnings how many iPhone it sells, thereby creating some mystery around what had been a slumping business.
Of course, Apple hopes that the iPhone 11, iPhone 11 Pro...
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