Apple Stock Rises On Promise Of A Brighter Future For The iPhone

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Apple Stock Rises On Promise Of A Brighter Future For The iPhone

Analysts from every Wall Street firm would have you believe that Apple stock is set up for a much brighter 2017, and the latest group to tout this view is Citi. Many analysts claim that Apple stock will move higher next year in the same note in which they present data on how weak the iPhone 7 cycle is. After all, the tenth anniversary iPhone 8 has got to do better than the disappointing iPhone 7, right?