Ready, set, launch. After much anticipation, Apple (AAPL) announced that its iPhone 12 launch will take place virtually on October 13, with the phones becoming available for purchase in late October.Weighing in on the development for Wedbush, 5-star analyst Daniel Ives sees a spike around production and pent up demand for the lineup of iPhone 12 models (four new models are expected) set to be unveiled.This is especially apparent when it comes to AAPL’s Asian suppliers, which are anticipating major demand for the larger 6.7-inch model, “raising the overall iPhone 12 expectations heading into this ‘once in a decade’ potential …read more
Source:: Yahoo Finance