Apple Stock’s Rally Could Keep Going Thanks to ‘Stellar’ iPhone 13 Demand

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Demand for the iPhone 13 is on track to outpace previous iPhone models, according to analysts, with the potential to continue fueling Apple’s growth even amid a wider tech selloff.

“We believe Apple (ticker: AAPL) is seeing stellar iPhone 13 demand globally on this elongated product cycle which is the drumroll to iPhone 14 this Fall,” wrote Wedbush analyst Daniel Ives in a research note.