Despite a poor reception by investors, Trip Chowdhry of Global Equities Research is uber-bullish on Apple's new computers.
In a research report sent to clients, Chowdhry suggested that the new "touch bar" Macs represent a "compelling upgrade" to consumers. In fact, the analyst believes the "touch bar" will have a significant impact to the computing industry in the same way the computer mouse started off as a convenience feature but ended up being a necessity.
Chowdhry continued that Apple's "touch bar" will become a "phenomenal success" and could replace 65 million Mac computers that were sold before 2014 and are primed to be replaced, even if there is no slot to charge a smartphone.
Chowdhry further stated that be believes that in "typical Apple fashion" consumer demand for the new Macs will outstrip supply as more than 7 million units could be sold every quarter for the next four to eight quarters.
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