Rick Munarriz

And you mentioned the whole upgrade saga with the iPhones.

Like back to fiscal 2021, we had this cool three-year cycle where every three years you'd have double-digit growth when Apple would put out a revolutionary iPhone release.

Then it'd be single-digit positive or negative growth in the next years.

But then we'd be back to double-digit growth, revolutionary.

It's been a little slow now.

We've had four years in a row, four fiscal years in a row of single-digit revenue growth.

But here we are with Apple expecting 10% to 12% revenue growth in the fiscal first quarter that it's going to report this week.

Unfortunately, analysts think for the full year, it'll be 9%, so it could be the fifth year.

But I think this is going to be a very important report for them, because if this guidance is something special, I think it could be something.

Because I think right now, Apple, which used to be the undisputed market cap gold medalist for years, it's now the bronze medalist.

And it's pretty much a bad quarterly report away from falling off the podium entirely, with Microsoft going back and forth and getting back on the podium for a change.

So, but yeah, it's services, incredible product for them and high margin business for them.

And it's not just iCloud Plus, iTunes in the App Store.

When you buy a new iPhone, it's just easy to sell the dive into subscriptions for AppleCare because you want that phone insured if you crack the screen.

Even though the new phone, I saw him sliding it out in a new commercial across the table, like it's now three times more scratch resistant.

Apple Arcade, Apple Fitness Plus, Apple Music, Apple News Plus, Apple TV Plus.

If you put a plus on it, Apple's going to find a way to make money out of it.

So...

Yeah, I'm hoping for a good report.

Let's talk Meta.