CoinScoopMorgan Stanley Report: Foldable iPhone Expected to Generate $14B, Pro Models Face $200 Price Hike
Morgan Stanley's latest report on the upcoming iPhone 18 series maintains an overweight rating with a $360 price target. The firm highlights the foldable iPhone as the most significant hardware shift since the iPhone X, projecting it could contribute $14 billion in revenue in the December quarter alone. The Pro series will see its largest price increase in years, with base prices rising by $200 due to higher memory costs. The new A20 Pro chip, utilizing TSMC's 2nm process, is expected to support advanced on-device AI capabilities. While demand is anticipate
Summaries are written by AI from the original article. Not investment advice.