“On net, we see risk reward on Apple’s stock as attractive.”
Apple’s March quarter represents the first of a series of easy compares
By the end of 2017, according to Tim Cook, Apple Services by itself will be big enough to make the Fortune 100.
Here’s how that windfall of 1.3 million iPhones was spread out among the brokerage firms…
Tim Cook resolved early on—for competitive reasons, he says—to keep Apple Watch sales numbers close to his chest.
Net/net, the risk to net income is ~$9B on paper, or ~20%.