The Ratings Game: Apple’s earnings have Wall Street learning to ‘stop worrying and love the super cycle’

It’s a strange love that analysts have for Apple Inc.’s stock, leading some of them to turn to Stanley Kubrick’s classic movie in order to describe the company’s latest quarterly results.

Apple’s AAPL, +0.89%earnings beat forecasts, helping to spark a 6% rise to around $159 for the tech titan’s shares in recent premarket action.

One top worry ahead of the release stemmed from reports that Apple was running into problems in building its next iPhone. There had been concerns that such problems could hurt the “super cycle” analysts expect in the fall to push the company’s biggest moneymaker back to sales growth.

>>> Original Source <<<