CNBC:

The bar is set low for Apple’s earnings next Tuesday so Morgan Stanley says it’s a good time to buy the stock.

“We believe the recent pullback is an attractive entry point given upcoming services launches and shares already pricing in extremely cautious iPhone replacement cycle and average selling price headwinds,” the bank’s analyst Katy Huberty said in a note on Friday.

It will be interesting to see if and/or how much Apple bounces back from all of the bad news of late last year.