“As we get closer to Apple’s earnings report on the 26th, Apple investors are finally getting some reliable indicators of Apple’s performance in the December quarter,” Mark Hibben writes for Seeking Alpha. “The fever of anti-Apple sentiment that has convulsed the business media for the past few weeks appears to be subsiding. Apple shares are starting to look like a probably fleeting bargain.”

“The media coverage of Apple towards the end of the year more or less played out as I predicted back in August,” Hibben writes. “At the time I wrote: ‘In the coming months we’ll probably hear all the reasons why Apple is going to fail, repeatedly in infinite variation. The difficult comps will get frequent mention. Leaked supplier reports will claim that iPhone sales are ‘disappointing.’ Apple Watch will be an unmitigated disaster. The litany of negative speculation will seem endless. And it probably won’t end until Apple reports fiscal 1Q 2016 results next January.'”

“The best data indicating Apple’s December quarter performance comes from none other than IDC and Gartner. Both companies agree that Apple’s Mac sales rose y/y by 2.8% in the December quarter to over 5.6 million units,” Hibben writes. “Apple’s PC sales are being driven by a halo effect of the iPhone. Mac sales are an indicator of the continuing appeal of the Mac OS X and iOS ecosystems. If iPhone sales were on the decline, I would expect Mac sales to follow suit. The fact that there’s some upward momentum in Mac sales indicates to me the iPhone continues to be increasing, rather than decreasing in popularity.”

Much more in the full article – recommendedhere.

MacDailyNews Take: The semi-annual festival of Anti-Apple FUD officially ends on January 26th (depending on Apple’s guidance, as always).

SEE ALSO:
Apple continues to beat the Windows PC market – January 13, 2016
Apple to release Q116 earnings, webcast live conference call on January 26th – January 5, 2016