From Loup Ventures’ 2019 Tech Predictions:
First, we believe the theme of Apple as a Service will slowly take root in 2019. Apple’s new reporting methodology will help focus investors on revenue and earnings growth, which should advance the view of Apple as a Service. This greater confidence in revenue and earnings visibility should be positive for AAPL’s multiple as well. Second, Facebook, Google, and Amazon will be facing regulatory headwinds (see prediction #4). Apple, on the other hand, has successfully prioritized consumer and data privacy as foundational to its products. Third, in 2019, anticipation will begin to build for ways to play the 5G rollout in 2020 or 2021. 5G will be the biggest new iPhone “feature” since the larger-screen iPhone 6 in 2014.
My take: Munster has been bullish on Apple for as long as I can remember.