APPLE COMPUTER INC TECHNICAL ANALYSIS & MARKET NEWS - APPLE COMPUTER
APPLE COMPUTER INC.: NEWS & TECHNICAL ANALYSIS iPhone 14 Pre-order Demand Robust Last week, Apple (NASDAQ:AAPL) presented the iPhone 14 line-up with unchanged pricing compared to iPhone 13. iPhone 14, iPhone 14 Pro, and iPhone 14 Pro Max are expected to arrive in stores on Friday while also arriving on the same day to customers who have managed to pre-order. The iPhone 14 Plus launches on Friday, October 7. It appears that demand is very strong as delivery estimates are already slipping into October. A Wedbush analyst says demand is “robust” as it is slightly ahead of iPhone 13 and better than what he was expecting. “This speaks to the underlying demand story that Apple anticipates for this next iPhone release with our estimates that 240 million of 1 billion iPhone users worldwide have not upgraded their phones in over 3.5 years,” he said in a client note. A Credit Suisse analyst noted that initial data shows demand for the Pro and Pro Max is stronger than for iPhone 14. “Wit...