iPhone 6S Pre-Orders Lift Apple Inc. Stock, But Not All Impressed

Touting strong if even surprising customer demand, Apple is on pace to surpass the previous weekend record for pre-orders of its iPhone 6S and iPhone 6S Plus. Despite this bullish sales development, which sent shares higher on Monday, some analysts have turned negative on the stock.

Customers keep lining up to purchase iPhone

Apple shares closed up $1.10 at $115.31 Monday, up near 1 percent, as the company said its core product sales was on track to eclipse the previous 10 million unit first-weekend record that was set in 2014.

“Customer...