A prudent way to bet on a bounce in Apple following its post-earnings decline

News Snapshot:

Apple topped expectations in its earnings report release Thursday afternoon in the face of its fourth consecutive quarter of declining revenue as an uncertain macroeconomic outlook questions global consumer demand for their products. Profit takers pushed the stock lower 3% in extended trading after Apple signaled the company may not return to growth in the holiday quarter. Apple has kept up with the Nasdaq 100's outperforming year and continues to deliver alpha per the 3 year look back. Apple was by far the most profitable American company last year, with its $99.8 billion in net income, about 38% higher than...