Analyst: iPhone XS buyers favoring higher-capacity models, pushing higher ASP for AAPL

Analyst: iPhone XS buyers favoring higher-capacity models, pushing higher ASP for AAPL

The iPhone XS and iPhone XS Max are the first iPhone models to be offered with a 512GB storage tier, and analysts are citing this as a reason to be bullish on Apple and increase their AAPL price target. Citi Research is out today with a new investor note in which it says customers are favoring iPhone XS models with higher storage amounts, which happens to come as memory prices fall for Apple.

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Author: Chance Miller