New iPhone 11 - Apple Could Be in for One of Its Weakest Cycles
For Apple, the current product cycle is likely to be the last cycle before the company began selling the 5G iPhone, which means consumers may choose to wait until next year to upgrade. Tencent Securities on September 10, an analyst team at market research firm New Street Research made a low expectation for Apple when Apple (NASDAQ: AAPL) is about to release its latest iPhone later today. Apple will release the new iPhone 11 at 1 pm EST on Tuesday (1 am Beijing time on Wednesday), and consumers and Wall Street's interest in the new iPhone model has never been so low. For Apple, the current product cycle is likely to be the last cycle before the company began selling the 5G iPhone, which means consumers may choose to wait until next year to upgrade. Still, the iPhone is not Apple's only way to make money. Earlier this month, Michael Olson, an analyst at Piper Jaffray, pointed out that Apple's services division (including Apple Music Services, Apple Payment Services, and upc