Analyst says U.S. launch of Apple iPhone 11 series "appears strong"

Apple released the new 2019 iPhone models a week ago tomorrow and UBS analyst Timothy Arcuri already notes that the new iPhone 11, iPhone 1...

Apple released the new 2019 iPhone models a week ago tomorrow and UBS analyst Timothy Arcuri already notes that the new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max are seeing "decent" demand. The analyst, whose comments were posted by Seeking Alpha, says that sales of the new model have been "strong at least in the U.S." As a result, he doesn't expect to see "the type of short-falls in sales that we saw last year." The analyst did temper his enthusiasm by pointing out that expectations are low and that the supply chain is still in a conservative mode in terms of churning out parts and components.

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