There’s an odd tension in only being able to review half of the new iPhone lineup. Fortunately, we can extrapolate a lot about those devices from these, especially as the iPhone 12 mini is a direct mini-turization of the iPhone 12.
You shouldn't be surprised by the monster quarter that Logitech (NASDAQ: LOGI) quietly posted on Monday night, several hours after traders went home. Anyone following the iconic maker of mouse controllers, webcams, and other consumer electronics peripherals knows how the company is killing it these days. The brief sell-off earlier this month ahead of Apple's (NASDAQ: AAPL) iPhone 12 event may have added a new layer of uncertainty to the investment, but it was ultimately the mother of all buying opportunities.
Apple (NASDAQ: AAPL) recently unveiled the iPhone 12, and bullish analysts expect plenty of consumers to buy the new 5G devices. Wedbush analyst Daniel Ives declared the iPhone 12 would mark "the most significant product cycle for Cook & Co. since iPhone 6 in 2014" -- Apple's best-selling iPhone ever. Buying shares of Apple, which generated over half its revenue from iPhones in the first nine months of 2020, is the easiest way to profit from that upgrade cycle.