It also includes the price-earnings ratio as a basic valuation measure, the earnings growth rate to examine recent growth, and the 52-week relative price strength to highlight stock market performance relative to other companies.
They highlight the release of iOS5 and iCloud as features that will enhance iPhone user experience and differentiation, noting the impressive strength of iPhone 4S pre-orders (reached 1 million within days and is expected to hit 3 million first week sell-through).