Here's How Apple Inc.'s iPhone Business Did in Fiscal 2017
Apple's (NASDAQ: AAPL) most recent quarter marked the end of a reasonably successful year for the company . Net revenue grew to $229.2 billion, up from $215.6 billion in the year prior, thanks to growth in its iPhone, Mac, services, and other-products businesses, partially offset by another decline in its iPad business.
Let's look at how Apple's largest and most important business -- its iPhone business -- did during the year, what drove that performance, and what investors can expect from this business in the years ahead.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
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With a target price of 200 € there is a slightly positive potential of 12.78% for Apple Inc. compared to the current price of 177.34 €.
