Morgan Stanley analyst Katy Huberty has released an in-depth report in which she tells investors to buy Apple shares ahead of what appears to be a big fall.
Huberty says the "this cycle is different" for Apple. The company is expected to unveil two new iPhone 6 models and possibly a wearable device. Out of the ordinary preparations for the press event seem to corroborate these reports.
The chart below shows Apple's R&D spending. You'll notice spikes ahead of major announcements and currently spending is at an all-time high.
Other arguments for Apple stock include a lower share of institutional ownership, increased cash return to shareholders, new executives, numerous acquisitions, stabilized gross margin, and booming online services.
Hit the link for more details from the report...
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Huberty says the "this cycle is different" for Apple. The company is expected to unveil two new iPhone 6 models and possibly a wearable device. Out of the ordinary preparations for the press event seem to corroborate these reports.
The chart below shows Apple's R&D spending. You'll notice spikes ahead of major announcements and currently spending is at an all-time high.
Other arguments for Apple stock include a lower share of institutional ownership, increased cash return to shareholders, new executives, numerous acquisitions, stabilized gross margin, and booming online services.
Hit the link for more details from the report...
Read More