Apple Inc. — Bull & Bear Memo

1. Business in one line

2. Bull case — Peter Lynch pitch

3. Bear case — Munger invert

Ordered by permanence and severity, not by bull sequence.

4. Signals to monitor

6. Bottom line

Section 5 (external challenge) is reserved; run it by asking for "external challenge".

Sources

Figures marked (derived) are computed from filing data. Transcripts are third-party (Quartr via stockanalysis.com).