Coronavirus update: US case count shows signs of leveling as analysts fear new depression

Apple Analyst Braces For 'Friday The 13th'-Like Q2, Says iPhone On Track

While Wedbush sees a difficult short-term trajectory for Apple Inc. (NASDAQ: AAPL), the sell-side firm said Thursday that Cupertino is staying on track with the launch schedule for its flagship product, the iPhone. The Apple Analyst Daniel Ives maintained an Outperform rating on Apple with a $335 price target. What's Known About The iPhone 12 Apple is likely working on four iPhone 12 models, with a mix of 4G and 5G phones that are likely to be launched between October and early December, just in time for the holiday season, Ives said in a Thursday note, citing supply chain checks in Asia. (See his track record here.)The analyst said he expects two versions of 5G phones, U.S. and non-U.S., with the U.S. version likely to have mmWave technology that could push out the production timeline.Many units could therefore be shifted to the March quarter, he said. Muted Expectations For Apple's Q2...