BofA: Apple’s lowering of trade-in prices implies ‘strong demand’

MacDailyNews
Jul 12, 2022, 8:55 am230 pts
Apple’s lowering of trade-in prices for Macs, iPhones, iPads, and Apple Watches earlier this month, a move that implies “strong demand,” according to Bank of America’s investment arm. Chris Ciaccia for Seeking Alpha: Analyst Wamsi Mohan, who has a buy rating on Apple (AAPL) shares and a $200 price target,…

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