Morgan Stanley: Buy Apple shares on the ‘emerging power’ of its services

Morgan Stanley: Buy Apple shares on the ‘emerging power’ of its services

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/24/morgan-stanley-buy-apple-shares-on-emerging-power-of-its-services.html

The vast majority of Apple's future revenue growth will be generated by its services, according to Morgan Stanley.

The firm reiterated its overweight rating for Apple shares, saying investors are underestimating the strength of its App store business.