Apple Closes at Record High on Optimism for Next iPhone

The transcript discusses Apple's current market position, focusing on analyst notes, iPhone sales, and the potential impact of new technologies like augmented reality. It highlights Apple's services business and its contribution to revenue, while emphasizing the company's reliance on iPhone sales. The discussion also covers Apple's financial strategies, including stock buybacks and dividends, and the potential effects of U.S. tax policy changes on repatriating offshore cash.

What potential impact could augmented reality have on Apple's future products?

How might changes in tax policy affect Apple's financial strategies regarding cash repatriation?