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www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> &nb=p; Katy L. Huberty= CFA — Morgan Stanley August 1, 2018 2:18 AM =GMT We see more=upside than downside risk to the upcoming iPhone product cycle and a buildi=g
agem=nt disclosure website at https://www.morganstanley.com/online/researchdisclosures <https://www.morganstanley.com/online/researchdis=losures> . Morgan Stanley Wealth Management Not Acting as Municipal Ad=isor Morgan Stanley Wealth Management is not acting as a municip=l advisor to any municipal entity or obligated person within the mean=ng of Sectio
www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> &nb=p; Katy L. Huberty= CFA — Morgan Stanley April 20, 2018 4:01 AM =GMT We forecast=in-line March Q but see downside to June consensus estimates following iPho=e
agem=nt disclosure website at https://www.morganstanley.com/online/researchdisclosures <https://www.morganstanley.com/online/researchdis=losures> . Morgan Stanley Wealth Management Not Acting as Municipal Ad=isor Morgan Stanley Wealth Management is not acting as a municip=l advisor to any municipal entity or obligated person within the mean=ng of Sectio
<http://www.morganstan=ey.com/img/cs/spacer.gif> <http://www.morganstanle=.com/img/cs/spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> Katy L. Huberty= CFA — Morgan Stanley April 20, 2018 4:01 AM =GMT We forecast=in-line March Q but see downside to June consensus estimates following iPho=e
gem=nt disclosure website at https://www.morganstanley.com/online/resear=hdisclosures <https://www.morganstanley.com/online/researchdis=losures> . Morgan Stanley Wealth Management Not Acting as Municipal Ad=isor Morgan Stanley Wealth Management is not acting as a municip=l advisor to any municipal entity or obligated person within the mean=ng of Sectio
www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> <http://www.morganstanley.com/img/cs=spacer.gif> &nb=p; Katy L. Huberty= CFA — Morgan Stanley March 22, 2018 4:01 AM =GMT As Apple's p=ospects for generating outsized iPhone growth fade as the handset market ma=
agem=nt disclosure website at https://www.morganstanley.com/online/researchdisclosures <https://www.morganstanley.com/online/researchdis=losures> . Morgan Stanley Wealth Management Not Acting as Municipal Ad=isor Morgan Stanley Wealth Management is not acting as a municip=l advisor to any municipal entity or obligated person within the mean=ng of Sectio
Entities connected to both Katy L. and Morgan Stanley Wealth Management Not Acting as Municipal Ad

Jeffrey Epstein
PERSONStanley Smith Barney LLC
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Richard Kahn
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Katy Perry
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