Apple Inc. is scheduled to hold another hardware launch event Monday.
Apple Analyst
Wedbush Analyst Daniel Ives maintained an Outperform rating and $185 price target on Apple shares.Apple Thesis
Apple is expected to launch a handful of products, led by the MacBook Pro and likely the new AirPods 3, Ives said in a note.Apple’s decision to launch two key products despite the biggest global chip shortage in decades speaks to the company’s confidence in getting new Macs/AirPods into customers hands by the holiday season, the analyst said.
