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How iPhone sales correlate with Google search results (AAPL)

Google search trends can be used to predict growth in iPhone sales, and search volume for iPhone 7 suggests Apple is poised for a sales increase, according to two analysts at Longbow Research. Longbow's Shawn Harrison and Frank Carson rate AAPL a "buy" with a $140 price target, based in part on their tracking of Google search interest around the launches of new iPhones. Interest in iPhone 7 is "close" to that showed for iPhone 6 — Apple's biggest ever product launch — they say.
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