Apple's Cheaper iPhone SE Is Catching On

The transcript discusses Apple's recent earnings report, highlighting the unexpected success of the iPhone SE despite initial skepticism. Analysts are concerned about declining revenues and margins, but the growth in Apple's services offers a positive outlook. The discussion also touches on Apple's stock valuation and the potential impact of the upcoming iPhone 7, with analysts expressing concerns about its ability to drive sales. The transcript concludes with a note on the upgrade cycle and the potential for future growth.

What are the analysts' opinions on Apple's recent earnings report?

How did the iPhone SC perform in terms of sales according to the report?

What signs of growth did the earnings report indicate for Apple's services sector?

What concerns were raised regarding the iPhone 7 and its potential impact on sales?

What is the significance of the upgrade cycle for iPhones mentioned in the discussion?