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The kids are still down with iPhone. An Apple Vision Pro improves MetaQuest.

It is Wednesday, the 10th of April 2024. I'm Ken Ray and this is news from Maco West Ken brought to you by yours truly and sponsored by

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The most bullish of Apple Bulls has issued a bullish note, despite headwinds as the headline from Apple 3.0, Wed Bush analyst Daniel Ives

sticks with Street High $250 Apple Target.

He sees a break in the clouds, morning's first light on the dark horizon, the last

few quarters of this growth storm. One of those was a quote.

While a lot has worked against Apple and China, a software economy,

geopolitical tensions, a resurgent Huawei,

Ives says early April data points in the supply chain indicate that Apple iPhone

build have held steady with initial projections from the beginning of this year.

Of course those were not awesome but it's still better than had been feared.

While he and his think China will be weak, when Apple reports second quarter earnings, they believe

other regions, including the U.S. Europe and India, will show strength

for the quarter and will help balance out a soft China number. Okay, that's why you don't freak out.

Posing the rhetorical question, why stay bullish in the near term?

...