Apple upgraded because $1,000 iPhone will ‘extract’ more profits from consumers
https://www.cnbc.com/2017/10/16/apple-upgraded-by-keybanc-because-1000-iphone.html
Apple's rollout of more expensive iPhone models this year will boost the smartphone maker's profits, according to one Wall Street firm.
KeyBanc Capital Markets raised its rating for Apple shares to overweight from sector weight, predicting the company will report better than expected earnings next year.