Apple expected orders to jump by 10%. And let me guess, in two months they'll be reducing them.
Every. Single. Year. https://t.co/cSOUi8xfDj pic.twitter.com/hnieKIiIuj
— Kakashii (@kakashiii111) July 10, 2024
$AAPL rallying on a Bloomberg report that it "expects" a 10% jump in iPhone shipments in the second half of 2024.
Buried at the end of the report is a pesky little detail – the jump is due to rebounding China sales, thanks to aggressive price cuts:
"But demand for Apple’s…
— Ross Hendricks (@Ross__Hendricks) July 10, 2024