$AAPL - The new Apple iPhone and Watch not exactly life changing. Upgrades for most of us down the road, if we are in the Apple ecosystem. The big deal for Apple earnings will be the higher prices of the 6+ and fees from using their smartphone payment system.
(Which will amount to a whole lotta money).
Will it be enough to accelerate growth for the company and/or justify a higher PE multiple? That's the billion dollar question.
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Apple Unveils New iPhones and Watch
Daisuke Wakabayashi
The Wall Street Journal. - The Wall Street Journal. - Tue Sep 9 19:55:37 UTC 2014
In an ambitious blitz of new products, Apple Inc. unveiled a pair of larger-screen iPhones, a sleekl...
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