Gene Munster: ‘All signs suggest sunnier days will return for Apple’

For its fiscal Q123, Apple on Thursday posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88. Deepwater Asset Management Managing Partner and longtime Apple analyst Gene Munster writes, “All signs suggest sunnier days will return for Apple.”Apple blamed “a difficult macroeconomic environment and significant supply constraints,” for the underperformance, but management hinted at better times to come dur