Apple's 2 Biggest Growth Opportunities
For the fiscal year that ended at the end of September, Apple (NASDAQ: AAPL) reported revenue just shy of $229 billion. While this was nearly $14 billion more than it generated in its prior fiscal year, it was about $4.5 billion shy of the all-time recordit put up during fiscal year 2015.
During the current fiscal year, analysts expect Apple to enjoy nearly 20% revenue growth to achieve a new all-time record of about $274 billion.
Though fiscal year 2018 promises to be a great year for Apple, growth stock investors are more interested in a company with multiple years of solid growth ahead of it.
Source: Fool.com
Apple Inc. Stock
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