For Proof That Apple Is Still the King, Just Check Out Its Gross Profit Margin
In this Market Foolery segment, host Chris Hill and Motley Fool Funds' Bill Barker dig into the numbers from Apple's (NASDAQ: AAPL) Q3.
The cyclical nature of its revenue can make it tough to measure this tech giant, but essentially, everything outperformed. And as the services segment grows, so too does its profit margin. Still, what the world is watching for now are possible delays in the new iPhone rollout. Also, will the 10-year anniversary of the device bring anything special?
A full transcript follows the video.
Source: Fool.com
Apple Inc. Stock
€170.10
5.330%
Currently there is a rather positive sentiment for Apple Inc. with 84 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 16.99% for Apple Inc. compared to the current price of 170.1 €.
