Wait until they see Morgan Stanley's price hike.
The iPhone's strong resale value—and the company's increasingly popular trade-in program—give Apple a sustainable competitive advantage.
Read More Morgan Stanley's Katy Huberty raises Apple target $79 to $419
Analyst Daniel Ives also set a bull-case target of $525.
Read More Wedbush raises Apple target $25 to (Street-high) $450

From Apple Support's "Don't close your MacBook, MacBook Air, or MacBook Pro with a cover over the camera."
From Reuters' "Apple supplier Foxconn to invest $1 billion in India, sources say" posted Friday.
Read More Apple: Foxconn is putting a billion where its mouth is
Isn't that what investors have been doing?
Read More TheStreet: It's time to start treating Apple as a safe haven (video)
But mass production of the semitransparent lenses for AR headsets or glasses is at least one or two years away, according to The Information.
Read More Apple augmented reality lenses pass the prototype stage: Report
12 Comments