AAPL Stock On-Track For Worst Week In Four Months — Mac, iPad Price Hikes Spurs Demand, Margins Debate
Morgan Stanley thinks Apple’s big price hike is seen as “an unprecedented push to protect margins.” Evercore said that Apple’s price hikes could protect margins but also create fresh demand friction. Wedbush’s Dan Ives said Apple remains well-positioned to raise product prices without materially hurting demand. Apple stock is on-track to end the week 7.5% … Read more