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Can Apple Defend Its Premium?
Apple’s 36x forward earnings valuation leaves little room for bad news. Craig Moffett, the Founding Partner and Senior Analyst at MoffettNathanson says slowing services growth, rising memory costs and iPhone supply limits are testing the story. He joins Bloomberg Open Interest to talk about why the new foldable is drawing interest and why it won’t solve Apple’s bigger ecosystem and growth questions. (Source: Bloomberg)
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