Apple's new iPhones are boring. Investors should rejoice
It's a sign that investors were willing to forgive the dull performance on Wednesday in light of Apple's strong financial outlook, analysts and investors told CNN. But a humdrum presentation on Wednesday wasn't enough to sour Gerber on Apple's stock. Mike Olson, Piper JaffrayAnalyst Mike Olson pointed out that Apple's event was "exactly what people expected it to be." The firm has calculated that the new iPhone X models will inspire people to upgrade to the new iPhone generation, Olson said. He rates Apple's stock "neutral."as declared in
collected by :Clara William
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