Confusion All Around: TD Cowen Says Apple Is Not Reducing iPhone Air Production, As Jefferies Declares “Nearly Zero” Lead Times For The Variant In China
What should one do when reputed analysts continue to contradict each other? After all, this is exactly what is now happening with the Apple iPhone Air, with one group of analysts asserting that demand remains healthy, while the other continues to sound the proverbial death knell for the ultra-slim iPhone variant. TD Cowen does not see Apple reducing the production cadence for the iPhone Air, contradicting KeyBanc Capital and Ming-Chi Kuo A TD Cowen report over the weekend claimed that the Cupertino giant was not changing its production cadence for the iPhone Air, using "field work" as a confirmation mechanism […]
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