Has Apple, Inc.'s iPhone X Already Reached Supply-Demand Balance?
Apple (NASDAQ: AAPL) continues to make dramatic progress with ramping production of its new iPhone X flagship. New orders placed through the company's online store are now offering next-day delivery or same-day pickup on almost all models in the U.S., the U.K., and many other countries (though not all of them).
The continued improvement in iPhone X availability further dispels investor fears that persisted throughout much of the year that the device would be severely supply constrained, which would in turn hinder Apple's financial results for the December quarter.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
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Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 9 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 1.88% for Apple Inc. compared to the current price of 205.15 €.
