appleinsider.com
JP Morgan dismisses iPhone cuts report, hikes AAPL target to $360
JP Morgan has dismissed recent reports that Apple is cutting orders for the iPhone 18 Pro due to weak demand and has raised its price target for AAPL to $360, up $20 from July’s $340 level. The firm attributes the alleged order cuts to routine production adjustments and notes that the 2026 iPhone launch was split, creating a temporary shortfall as consumers wait for a base‑model release slated for early 2027. JP Morgan expects the iPhone 18 Pro to be selling slightly [...]