Apple (AAPL) investors were worried Thursday over news that the demand for its iPhone 13 could be slowing down. A Bloomberg report said that Apple had told its suppliers that demand for iPhone 13 had weakened, and as a result, certain orders may fail to materialize. This news didn’t seem to be a cause for worry for Wedbush analyst Daniel Ives. The analyst remained confident about the iPhone 13 growth cycle and said that his checks indicated that demand continues to be solid for iPhones in both the U.S.
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Apple (NASDAQ:AAPL)
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