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ley.com> 2,Morgan Stanley a Wealth Management Apple Inc.: 10-K Highlights Memory Pressure and Anticipation of iPhone Supercycle Download Report Katy L. Huberty, CFA— Morgan Stanley EFTA00715204 November 6, 2017 5:01 AM GMT Record levels of off-balance sheet commitments, vendor non-trade receivables, and

constitute, advice within the meaning of — the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. O2017 Mor

ply-To: <mswmir-cie-feedbackOmorganstanley.com> Ape, Inc.: March iPhone Demand Tracking Ahead of Expectations Subscription Notification: March 15 Katy L. Huberty, CFA - Morgan Stanley March 15, 2016 4:01 AM GMT Our AlphaWise iPhone Tracker, which compiles sell-through data using web search analysis, indicat

t constitute, advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley EFTA00643701 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United Sta

: <j ;,Morgan Stanley Wealth Management Subscription Notification e.oruary 1, 2017 Download Report Apple, Inc.: Smooth Sailing Into Supercycle Katy L. Huberty, CFA— Morgan Stanley February 1, 2017 2:21 AM GMT Apple is our top pick with theaoming iPhone supercycle accentuated by the possibility of repatri

t constitute. advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. 2017 Morg

:07:23 AM EDT To: <F > Reply-To: <mswmir-cie-feedbackOmorganstanley.com> ARS, Inc.: Driving to a New Market Subscription Notification: May 16 Katy L. Huberty, CFA — Morgan Stanley May 16, 2016 5:00 ,4M GMT We see positive near- and long-term implications from Apple's unexpected $1B investment in Didi Ch

t constitute, advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. O 2016 Mo

Subject: Apple, Inc.: Is Shared Mobility in Apple's Future? Apple, Inc.: Is Shared Mobility in Apple's Future? Subscription Notification: May 25 Katy L. Huberty, CFA — Morgan Stanley May 25, 2016 4:01 AM GMT Apple investments in the $2.6T shared mobility market open up the potential to contribute more reve

t constitute, advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. @ 2016 Mo

ley Wealth Management C. Subscription Notification EFTA00632418 February 1, 2017 Download Report Apple, Inc.: Smooth Sailing Into Supercycle Katy L. Huberty, CFA - Morgan Stanley February 1, 2017 2:21 AM GMT Apple is our top pick with the upcoming iPhone supercycle accentuated by the possibility of rep

t constitute. advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. @ 2017 Mo

T To: < Reply-To: < WEALTH MANAGEMENT Subscription Notification: April 20 Apple, Inc.: Mar Q '16 Preview: iPhone Demand Better Than Expected Katy L. Huberty, CFA — Morgan Stanley April 20, 2016 9:05 PM GMT We raise iPhone estimates in 1H16, lower in 2H16 to reflect stronger than expected demand near-te

t constitute, advice within the meaning of the Municipal Advisor Rule. Copyright The copyright in materials provided by Morgan Stanley is owned by Morgan Stanley & Co. LLC. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. EFTA00682