Apple: Survey Says iPhone Demand to Recover, But Huawei, Oppo More ‘Aspirational,’ Says UBS
UBS’s Steve Milunovich today offers up evidence from the firm’s “Evidence Lab” that there’s hope for a rise
in Apple’s ( AAPL) iPhone sales when it produces the next model of the device, presumably an “iPhone 7.”
Milunovich, who has a Buy rating on the shares, and a $120 price target, writes that his survey of 6,336
smartphone users in the U.S., U.K., Japan, Germany, and Mainland China, conducted online in March,
found some improvement in sentiment for Apple’s wares.
Milunovich’s report is actually contained in two notes.
More at: blogs.barrons.com
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