"Analyst upgrades and price target increases have fueled today’s gains, as firms reassess Apple’s outlook amid strong iPhone ...

"It does not take a genius to figure out that this model leaves no room for profit, paying back debt or equity investors." ...

From David Phelan's "Apple Cancels iPhone Upgrade Program, Says ‘You’ll Love What’s Next'" posted Saturday by Forbes.

From a note to Evercore clients that landed on my desktop Sunday.

Excerpts from the notes we've seen. More as they come in.

Apple's revenue, earnings, Services and iPhone sales all grew double digits. China sales grew an astonishing 38%.

Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.] ...

From Dan Gallagher's "Memory Shortage Haunts Apple’s Blowout iPhone Sales" (free) posted Friday by the Wall Street Journal.

Exclusive: The Apple 3.0 analysts (pros and indies) have placed their bets in advance of today’s September quarter results.

Previous Post Apple blows past expectations and its shares fall. What gives?

From Mark Gurman's "Apple’s Cook Calls for ‘Deescalation’ After Pretti Shooting" posted Tuesday by Bloomberg.

From Christine Ji's "Why Apple’s blockbuster earnings weren’t enough to lift the stock" posted Friday by MarketWatch.