Apple Shares Hit Three-Month Low Ahead of Results

The video discusses the market sentiment around Apple, highlighting bearish views due to supply chain issues. Despite weak demand leading to excess inventory, iPhone shipments are stable. Positive factors like a richer product mix, strong service business, and tax reform benefits are noted. These factors offset lower iPhone unit numbers, leading to a raised target and stable 2018 consensus.

What impact does tax reform have on Apple's financials according to the text?

What is the consensus for Apple's performance in 2018 as mentioned in the text?