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Apple's iPhone Upgrade Cycle Looks Strong As Carrier Incentives Hit $1,200

Source: benzinga.com

Analyst InsightsConsumer Demand & RetailTechnology & Innovation
Apple's iPhone Upgrade Cycle Looks Strong As Carrier Incentives Hit $1,200

Bank of America analyst Wamsi Mohan said Apple could benefit from a strong iPhone upgrade cycle as richer U.S. carrier promotions help consumers offset higher handset prices. The outlook is constructive for iPhone demand, though the article provides no quantified forecast, earnings revision, or carrier-promotion details.

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