How Does Apple's EU Tax Bill Affect Its Cash Pile?

Brian White, a senior analyst, discusses Apple's stock potential and tax issues. Despite a $14.5 billion tax bill, Apple's strong cash flow makes it manageable. The focus shifts to product updates, with expectations for new iPhones, iPads, and Macs. Challenges include declining iPad and Mac sales, but the iPhone remains a key revenue driver. The market outlook is optimistic, with potential growth from the iPhone 7 and overcoming past sales comparisons.

Discuss the challenges Apple faces with its product lines based on recent sales trends.

What factors contributed to the decline in iPhone units sold in fiscal 16 compared to fiscal 15?