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There is a long-term path to AAPL at $500 despite a rough fiscal quarter

Loop Ventures analyst Gene Munster expects Apple’s June quarter to have lower than usual financial results, but says the earnings report will show there are key signs that Apple remains on track to grow and even find positives from coronavirus.Apple ParkIn a research note seen by AppleInsider, analyst Gene Munster advises that he expects Apple’s earnings to be down by 10% compared to the June quarter last year. Noting that Apple has not issued guidance, he says the results will prompt investor debate, but that the underlying figures are positive for Apple now — and especially for the future. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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