their Q2 sales were better than a low expectation but in line with other non-holiday quarter, but bread and butter iPhone sales have been very flat for a long t

their Q2 sales were better than a low expectation but in line with other non-holiday quarter, but bread and butter iPhone sales have been very flat for a long time. investors are essentially thinking “if Apple can do the same in Q2 as other quarters pre-crisis then it must mean it will do incredibly once this is over” If you want to invest at these levels you should probably find out what happened in Q2 - I wouldn’t be surprised if it was a mix of stimulus money and need for lower end macs and iPads for video conferencing in the immediate term due to stay at home that won’t necessarily translate to permanently accelerated growth in future quarters.