Wow, MFLX missed earnings estimates once again! This time they had a loss. They also said Q2 is likely to be a loss also. They painted a picture of Q2 that is lower the prior Q2 expectations. This is looking a lot more dire than the picture from a month ago.
In order to have security to avoid risks from the governments and hackers, one now needs to buy the latest iPhone. The government is now doing for Apple exactly what it has done for gun manufacturers. People will realize that they need the latest iPhone in order to have the strongest encryption and security. This will now give incentive and strong demand for the latest Apple products.