CS

Credit Suisse Group

Apple

Why the Apple Stock Price Is Rising Now

The Apple stock price is rising because investors realized this week that the analysts were wrong about the iPhone 7.

For months they predicted that the iPhone 7 would be a boring upgrade that would fail to revive sales. But as is often the case, Wall Street drastically underestimated the potential of the iPhone 7 and its impact on AAPL stock.

Here's the news that proved the analysts were clueless - and why they're still underestimating its impact...