Apple (AAPL) May See its Stock Price Soar With Its New Business Model – TheStreet

Apple’s (AAPL) new iPhone leasing program will provide predictable cash flows that may boost its future earnings and stock price as Wall Street re-rates the company’s shares.

Source: Apple (AAPL) May See its Stock Price Soar With Its New Business Model – TheStreet

iPhone-as-a-Service, coupled with very high customer sat, means recurring revenues which can push the AAPL multiple up significantly. Plus, Apple takes more margin by bringing the sales into their stores, and takes another part of the carriers’ business.

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