much different than last night when chris verrone called apple dead money. >> as we can see in the longer term chart. 2,900-day market is still downward sloping which is still a downtrended a we had ear looking to back away the strength here. >> all right. let's play a little you make the call. who is right, tim? >> i think cowan is and not just because david is sitting next to me. i believe march quarter iphone shipment expectations are down very low. they could surprise. i think the company ultimately on valuation and in terms of the peripheral product base is just fine. i don't need a huge march company. yield and generation. >> and you may be owning it for the calendar fourth quarter. >> right. >> which we'll get results for in a year, right. >> i mean, they -- cowan made the case and simplified the note tremendously and also make the case that for the i'd phone 7 it's going to benefit because the iphone 6 and 6 plus users they reach the point where they have to upgrade and they have hit that part of the cycle. >> that goes back to why did you buy apple? i'm not all that excited. they