UBS says Apple's iPhone 8 unlikely to cost $1,000, upgrades earnings outlook on 'bulge of buying'

Apple’s (NASDAQ: AAPL) upcoming anniversary edition iPhone 8 is unlikely to cost $1,000 as has been speculated, with new models expected to see a “bulge of buying,” UBS said in a note on Tuesday as it upgraded its outlook on the U.S. technology giant’s …
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