This is MacO-S Ken.

An upbeat note from Wall Street, Tim Cook as Chief Explaining Officer, and

Minecraft makes it to Apple TV. It's Tuesday the 20th of December 2016.

I'm Ken Ray and this is news from Maco S. Ken.

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Two international concerns weigh heavy on the minds of Apple investors, the E.C. Ireland tax ruling and shaky sales in China.

Raymond James analyst Tavis McCord seems to see little to worry about from either.

Barron said McCord issuing a note to clients and reiterating his out-perform rating on

Apple on Monday.

In the note, McCourt ran some worst-case scenario numbers.

Quoting Barron's for the EU fine, he sees a potential hit to earnings of 81 cents per share

annually in a worst-case scenario in China if all sales were to end in that country

something he deems incredibly unlikely it would reduce earnings by two dollars and

eighty three cents per share annually.

While none of that sounds like fun,

Apple shares would still be earning annually,

even with those hits.

Additionally, there are factors out there

that might add to Apple's earnings or offset the potential

E.C. and China losses anyway.

...