Apple Inc (NASDAQ:AAPL) delivered an impressive iPhone beat during its second quarter of 2023 and gave a relatively upbeat outlook going forward, as the consumer electronics giant rides out this macro storm in “Rock of Gibraltar-like fashion”, analysts at Wedbush Securities wrote in a note published on Friday. “An uptick in China demand speaks to further share gains that Apple is seeing with iPhone 14 Pro along with higher ASPs (average selling prices) globally that we believe is now in the $900+ level giving Apple tailwinds in this market,” the analysts said.
Apple continues to flex its muscles with strong 2Q iPhone numbers, Wedbush analysts say