“Our survey research concludes that iOS platform churn is only about 12% annually, suggesting fewer competitive pressures, higher pricing power, more predictable revenue streams, and a halo effect that drives sister-device sales and higher ancillary revenue than AAPL’s current share price implies.”
Source Capital Market Laboratories: (ref below is to Just 1 of their cylinders:
Apple’s iPhone and iPad combined to account for 65% of the mobile pay market and last quarter Tim Cook revealed that Apple Pay saw a 10-fold increase. Yes, 1,000% growth. By 2022 bank of America predicts Mobile Pay will realize $3 trillion in transactions.
But Apple’s move last week was one of the largest disruptions in a breaking technology we have ever seen. To keep it short and sweet, Apple Pay will soon be available on e-commerce sites, as well as desktops and laptops by simply touching our finger to the monitor. We’re looking at a potential $200 billion business in terms of market cap addition to Apple from this area, alone.
Options Peg = $106
They took a shot at $105.50 but already threw in the towel.
It'll trade just higher than $106 today and close within a nickel of $106.
The only potential surprise is if the money anxious to get into Apple comes in a bit stronger even on a quiet holiday trading day.