[PDF] [PDF] Apple: 2019 Product Cycle Stronger Than Muted Expectations

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[PDF] Apple: 2019 Product Cycle Stronger Than Muted Expectations

30 sept 2019 · However, our forecasts for reported revenue and earnings do not demonstrate much upside despite the volume upside, led primarily by the 

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recurring revenue, the ability to generate ancillary revenue (service revenue), and Outlook: We anticipate Apple to continue to perform well financially into 2019 WACC then consensus analyst estimates, but a lower WACC then if Apple is

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