AAPL Analyst Sees Premium Valuation as Justified
Analyst believes that Apple's (AAPL) premium valuation is justified due to its earnings growth potential.
The analyst notes that AAPL has consistently delivered strong earnings growth, with a five-year average annual growth rate of 12.3%.
In the next quarter, the analyst expects AAPL to report earnings per share (EPS) of $2.04, representing a year-over-year increase of 5.1%