Apple: iPhone is not dead
Stefan Redlich for Seeking Alpha:Apple’s fiscal Q3 2019 results featured a comfortable double beat with EPS beating by $0.08 and revenue by almost $400M.
In the past Apple’s narrative always has been centered on the iPhone, precisely iPhone unit sales and the average selling price (ASP). Although Apple stopped disclosing that information in FY2019, analysts still have not abandoned coming up with out-of-the-blue unit estimates for iPhone. For instance, in mid July Loop Capital estima
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