Apple (NASDAQ: AAPL), an American multinational technology company, was featured in a recent analysis report that discussed last week’s iPhone 12 product drop. The report, written by LikeFolio Founder Andy Swan, reads, “The iPhone 12 lineup dropped on Tuesday. Here’s the word on the social street: Consumers prefer iPhone 12 higher-end models. In 2019, we noted a shift to up-sells on our Pre-Order report, but the initial Keynote Demand revealed a lean toward value models. If demand preference holds for the most expensive Pro Max, it will be an extremely positive indicator for the AAPL. Consumer demand for the iPhone is slightly lower than levels recorded in 2019…but last year iPhone sales recorded a ‘very strong start.’ Sentiment is notably more positive on 2020 announce date: +18 points (66% positive vs. 48% positive).”
About Apple Inc.
Apple is an American multinational technology company headquartered in Cupertino, California, that designs, develops and sells consumer electronics, computer software and online services. It is considered one of the Big Tech technology companies alongside Amazon, Google, Microsoft and Facebook. For more information about the company, visit www.Apple.com.
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