Bloomberg Daybreak: US EditionEarnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout QuarterWhy Apple Trades At Premium
7:06–8:09 · 63s
Anurag explains Apple’s higher multiple versus Microsoft and Google, arguing its capital-light, cash-gushing model justifies the premium—and that it will plow $100B+ free cash flow into buybacks rather than data centers.