'Apple's USB-C Adoption With New iPhones To Benefit Related Suppliers' - DigiTimes
Portfolio Pulse from Benzinga Newsdesk
Apple's decision to replace Lightning with USB-C in new iPhones is expected to create new growth opportunities for connector and related component manufacturers, according to industry sources.
September 13, 2023 | 12:41 pm
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POSITIVE IMPACT
Apple's decision to use USB-C in new iPhones could potentially boost its product appeal and sales, benefiting its stock.
Apple's decision to switch to USB-C in new iPhones could make its products more appealing to consumers who prefer the universal standard. This could potentially increase iPhone sales, which would likely have a positive impact on Apple's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100