It's nice to say that, and as someone who is overweight AAPL in my personal portfolio, *hope* that is true to. But seems that hope, optimism, not reality drove this report.



Looking at AAPL's chart the last time it closed over $100 was May. Since then it has teased at $99 but never broken $100, even in the face of NYSE that is at an all-time high and other techs making new highs. As a shareholder right now, I'm patient b/c of AAPL's nice dividend at a time when other "safe" options for decent return are nearly non-existent.



That said it's still hard to see daylight in the cave I'm in. Apple still looks confused at how its going to grow earnings from here on out. It's not transparent at all on AW and the financial cluster it's in is $-wise, small, so for now at least it's not that. ATV is in the same group. Macs are way due for a refresh but even boosted sales can't make up for lagging iPad sales and likely flat iPhone 7 sales -- as rumors show it to be a placeholder until the more exciting iPhone 8. So I don't see huge growth at Apple for the remainder of this year and 3/4 of next.



Of course WS is irrational so quite possible it sees the other big tech names as overbought and come it to p/u AAPL as a "value play" since it's no where near it's all-time high. But right now, if you look at AAPLs chart there is no hint of Apple moving higher until it can first close above $100. Next goal would be $112. But for any real fireworks it needs to get past $123.