Wedbush Securities: “We believe the panic and bear frenzy around Apple is way overdone heading into December earnings late next week on Thursday after the bell. Our recent Apple iPhone China checks are mixed to softer, but overall unit declines in the region we see as ‘manageable’ along with stronger US/Rest of World growth that should enable Cupertino to hit Street numbers for the December quarter. We also believe Apple should have a strong performance on the Services front which is the linchpin to the $4.5 trillion sum of the parts valuation we see over the next 12 to 18 months”
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