Glad to see Steve Jobs & Co. are continuing their march.
I reduced my positions in AAPL 4Q and wonder if that was a mistake now.
Get ready for Apple’s first $100 billion quarter in history - MarketWatch
Quote:
Even a pandemic can’t stop Apple Inc. from hitting new records.
The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.
Apple’s AAPL, +1.61% fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October. Though Apple faced supply constraints on some models, the debut of Apple’s first 5G-enabled phones has arguably been the company’s most successful product launch in five years, in the view of Morgan Stanley analyst Katy Huberty.
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