Shares of Apple Inc. AAPL, +0.75% rose 0.3% in premarket trading Friday, putting them on track to open in record territory, after Wedbush's long-time bullish analyst Dan Ives said underlying demand for iPhones continues to look strong ahead of the launch of the newest version. Ives said checks through the Asia supply chain for the second half of the year continues to indicate iPhone builds at 130 million to 150 million.
Apple's stock rises toward another record after Webush's Ives sees continued 'strong' demand for iPhones