Apple Inc (AAPL)

[Prudent Capitalist]

Well stated and spot on Alan. The report was very positive and both revenue and unit sales will be surging upward. The only issue right now is the supply glitch in that production of the iPhone 7 is not keeping up with the strong demand, but that will work itself out.

Jim Cramer went ballistic on CNBC this am talking about the AAPL conference call and how many analysts embarrassed themselves with stupid questions and baseless interrogating of Cook after such a great quarter which beat analysts estimates. IN particular he shared some of the stupid questions and inquiries and noted that some of the analysts that were going after Cook have Strong Buy recommendations and very high price targets. At one point he stood up and flailed his arms about and said he was through with the analysts. IN any event, Cramer was very high on the quarter and the prospects going forward. The margins on the new macs will be very favorable, and that may be part of the projection for $76 Billion in revenue in Q1 17