AAPL Investors Breathe Deep as $2,000 iPhone Sparks Controversy
Apple's latest iPhone release has caused investors to re-evaluate their investment case for the company. The new $2,000 iPhone is a significant departure from previous models and has sparked debate about its impact on Apple's stock price.
The analyst who wrote this article has a long position in AAPL shares, but notes that past performance does not guarantee future results. Seeking Alpha advises readers to do their own research before making investment decisions.
Despite the high price tag, some analysts believe the new iPhone will drive sales and boost Apple's revenue. However, others are more cautious, citing concerns about affordability and the potential for cannibalization of lower-end iPhone sales.