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

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

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

From Gurman's "Power On" column posted Sunday to Bloomberg Technology subscribers.

From Barron's' "Stock Futures Dive as AI Concerns Grip Markets. Gold, Cryptos Sell Off Amid Fed Fears." posted early Monday.

A place for Apple traders and investors to share their best ideas.

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.] ...

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

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

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

Of the top 13 spots, 12 were taken by indies.

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