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Wedbush analysts believe that AAPL is still in the middle of its “supercycle” of iPhone sales. Moreover, the sales momentum is expected to remain high ahead of the holiday shopping season, with improved features like increased battery life, higher default storage space, and camera up-gradation.
Given this backdrop, it could be wise to bet on shares of iPhone’s component suppliers Broadcom Inc. (AVGO) and QUALCOMM Incorporated (NASDAQ:QCOM). These stocks are expected to rally on solid iPhone 13 sales.
