Apple 'crushed it' with one of its most memorable quarters ever - Loup Ventures' Gene Munster
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Loup Ventures analyst Gene Munster praised Apple (NASDAQ:AAPL) for delivering stellar quarterly results despite a series of roadblocks, like supply chain tangles and a continued disruption from COVID.
"They just crushed it and I'll remember this [quarter]," the Loup Ventures founder and managing partner told CNBC on Friday.
He added: "I've seen a lot of Apple quarters. I've seen many impressive, countless impressive quarters. They all just blur together on some level. There is a recency bias I want to try to guard against when I say this, but this was a particularly memorable quarter."
Apple (AAPL) jumped nearly 6% in Friday's intraday trading after reporting quarterly earnings that easily beat expectations, despite supply limitations. 
Calling the issues faced by the company "multi-layered," Munster estimated that AAPL would have expanded its revenue by 18% if supply chain bottlenecks hadn't existed, rather than the 11% growth it posted during the quarter.
The Loup Ventures founder also estimated that in a different market, AAPL would see its stock pop 10% on its earnings beat. However, worries about the Federal Reserve raising interest rates have suppressed the appetite for tech stocks, leading to more condensed valuations.

For a different perspective on AAPL, check out a bearish take from SA contributor Stone Fox Capital, who thinks the current COVID boom for its sales "ultimately ends in tears."