Epstein Secrets

anstanley.com/> EFTA_R1_01679968 EFTA02534848 Katy L. Huberty, CFA =E2 Morgan Stanley January =5, 2

ains point to iPhone shipments down slightly in the US, up =lightly in Europe, but up strong double-digits in China during FY18 =1). Our proprietary AlphaWise data confirms accelerated market share rains in China post the iPhone 8/X launch which sustained through =id-December (2) and we see accelerating gr

anstanley.com/> EFTA_R1_01794354 EFTA02604431 Katy L. Huberty, CFA =E2 Morgan Stanley December =1,

China data show faster adoption vs. iPhone 8 =nd 8 Plus. Recall, three weeks ago we published a report on data that =e analyzed in conjunction with AlphaWise that aggregates smartphone =ata from a push-messaging service in China, highlighting Apple's =rowing share of active smartphones in China — which ru

ganstanley.comh EFTA_R1_01311789 EFTA02343568 Katy L Huberty, CFA =E2 Morgan Stanley August =, 2017

sh heading into the iPhone supercycle where we see 23% =Phone unit growth supported by a 20% increase in the base of aged =two-year old) iPhones and AlphaWise data that highlights meaningful =pportunity to win switchers, particularly in China. The new, higher =riced OLED iPhone will also pull ASPs up by 14