
Apple earnings uncut: iPhone envy and a $207bn cash pile
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The Apple share price has almost doubled over the past 12 months, breaching the trillion dollar market cap level in the process. And thankfully for those who follow the Biznews Global portfolio it’s one of the key ingredients. Bloomberg’s P&L show hosted by Lisa Abramowicz and Paul Sweeney sat down with David Garrity, Chief Market Strategist for Laidlaw & Co, and Partner at BTblock, to discuss Apple’s December quarter numbers. It’s a fascinating tale of iPhone envy and billion dollar cash piles. - Stuart Lowman