Analysts bullish about Apple’s new iPhone X

While the company’s shares dipped a little after the announcement, Wall Street remains mostly optimistic

Tim Cook, chief executive officer of Apple Inc, speaks about the iPhone during an event at the Steve Jobs Theater in Cupertino, California, last TuesdayBloomberg T

Apple Inc unveiled the most highly anticipated new iPhone in years last Tuesday and, with the tech giant’s shares already up 40 per cent in 2017, the device had high expectations to live up to.

Chief executive Tim Cook and other executives took to the stage at Apple’s new campus in Cupertino, California, to show off multiple iPhones, an LTE-enabled Apple Watch and an upgraded Apple TV streaming video box. While the company’s ...