Apple, which reports next week, “will be a telling tale around consumer demand trends seen in the US and especially China which remains a very debatable point on the Street”, Mr Ives said. “Our view is iPhone units look very stable and should be able to beat the Street’s expectations with services also showing strength from Apple’s golden installed base,” Mr Ives also said. To be fair, among the major tech or growth stocks, risks remain and some say the rally is being driven by panic buying. Among the reporting season’s speed bumps, Tesla missed and its stock has been...