Apple's multiple is driven by its resilient install base, says JPMorgan's Samik Chatterjee

Joining us now, JP Morgan, Samique Chattery. Sami, great to have you with us. >> Yep.Thank you for having me. >> I I think regardless of what Apple unveils tomorrow, uh Seam, the question is for a 10% revenue grower at a PE that is higher than that of Meta and Alphabet, is the stock worth it here. What are we pricing in or not pricing in.Yeah, I think um keep in mind the multiple that you pay on the Apple shares are largely sort of reflection of investor confidence in the productivity of the growth, right. ...