Apple's iPhone install base features growing 'powder keg' ripe for upgrades, Cowen says

AppleInsider
Jun 28, 2016, 11:06 am333 pts
As Apple's iPhone install base continues to grow, so too do the number of customers who are likely to upgrade to a new handset, representing what one investment firm has dubbed a "powder keg" that could propel shares of AAPL higher.

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