Apple (AAPL) Product Event Lays Groundwork For Major Upgrade, According To Wedbush

Wedbush remains bullish on Apple (AAPL) after its latest product event. Dan Ives notes that this “lays the groundwork for a major upgrade cycle over the next year that will surprise the street to the upside.” Renita Young discusses this event as the iPhone 15 will have a USB-C charging port. She also talks about how a spokesperson for the China government denies the ban on iPhones. The Wall Street Journal reported that the Chinese government ordered officials to not use iPhones and other foreign brands. Tune in to find out more about the stock market today.