iPhone 14 strength will battle weak consumer spending this fall, predicts Wall Street analyst
July 12, 2022
Wall Street analyst Brian White is predicting Apple’s upcoming iPhone 14 launch will confront weak consumer spending this fall. Just today, White had lowered his price target on Apple stock, dropping 1.9%.
With a weaker economy and inflationary forces eating into budgets, consumers may be more apprehensive about buying Apple’s upcoming iPhone innovation in the fall, possibly waiting until…