I posted initial analysis of Apple earnings on the day of earnings
announcement. Since then I have read lots of research articles and analysis
I have a much bullish view now.
Here are some of the key points based on my analysis:
Apple bulls win this quarter. In my last take on earnings, my initial
thought is that earnings provide little to no ammunition for the bears. It
provides similarly little for the bulls. A couple of things changed my view:
1. MAC Momentum accelerates: this can be clearly