iPhone strength in the US will offset China weakness in Q3 and Q4, analyst says

Investment bank Goldman Sachs expects Apple to report a strong June quarter and guide well for Q4, driven largely by solid Q3 U.S. iPhone shipments and September quarter build estimates.Credit: Andrew O'Hara, AppleInsiderIn a note to investors seen by AppleInsider, Goldman Sachs lead analyst Rod Hall believes that the re-opening environment in the U.S. could have driven a 'short-lived pulse' in iPhone demand similar to a shipment surge in China earlier in 2021. Read more...