Morgan Stanley's Katy Huberty released a note on Thursday, Jan. 21.
"We are buyers ahead of what we expect to be a record December quarter print. Our recent conversations suggest investors expect Apple to release solid, but not great, December quarter results. We disagree and believe that Apple is likely to report all-time record quarterly revenue and earnings. Our checks point to strength across Apple's entire product and Services portfolio, and we model double-digit Y/Y growth for all 5 revenue segments in the December quarter, with risk skewed to the upside for iPhone, Mac, and Services," wrote Huberty and her team about Apple.
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