Apple (AAPL)
Apple’s first quarter of FY 2021 ended the day after Christmas…which means we’ve got a sneak peek of quarterly demand before the company releases earnings.
Here’s what we’re watching:
Consumer demand increased 17% YoY in 21Q1, led by a staggered/delayed iPhone 12 product suite release, and continued popularity of work/workout-from-home devices iPad and Mac.
Comprehensive iPhone demand remains slightly elevated YoY (+3%) — but it is relevant to note which models are most popular among consumers.
LikeFolio data displays continued strength from the more expensive Pro and Pro Max, even months post-release.
Chipotle (CMG)
Yesterday (Jan. 4) Chipotle announced a new menu item: cilantro-lime cauliflower rice.
This move makes sense, considering demand for the plant-based “grain” alternative is…
