HomeMarketsU.S. EconomyAlmost All Of Apple’s (AAPL) Growth Is Driven By Services Segment

Almost All Of Apple’s (AAPL) Growth Is Driven By Services Segment

Apple’s (AAPL) obvious problem is that total revenue is still off the high from a year ago, notes Brian Mulberry. He and Brian Colello discuss the takeaways from AAPL’s earnings. AAPL’s 4Q adjusted EPS came in at $1.46 versus an estimated $1.39 and revenue came in at $89.50B versus an estimated $89.03B. Brian mentions that nearly all of AAPL’s growth is driven by the services segment. They then go over what recent China weakness means for AAPL. They also outline other tech stocks to watch. Tune in to find out more about the stock market today.

Trading 360

03 Nov 2023

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