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Will Apple's stock price increase by 10% or more within a month after the release of the new AI-enabled iPhone?
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Stock price data from financial markets and stock exchanges
Story
Apple Orders 88-90 Million iPhones, Up from 80 Million Last Year for AI-Enabled Models Debuting September 9
Aug 29, 2024, 02:07 AM
Apple Inc. has increased its initial orders for iPhones by over 10% compared to last year, anticipating strong sales driven by new artificial intelligence features. The company has instructed suppliers to prepare components for between 88 million and 90 million iPhones, up from last year's initial order of approximately 80 million units. This decision reflects Apple's confidence in its first AI-enabled iPhone, which is set to debut on September 9. The information was reported by Nikkei Asia, citing sources within the iPhone supply chain in Asia.
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