Is Apple a Buy?
Apple (NASDAQ: AAPL) is one of the most beloved brands in the world, with an installed base of 1.4 billion active devices around the world. The company churns out a massive $60 billion in free cash flow selling products that other manufacturers sell at cheaper price points, but millions of customers stick with Apple anyway. There's no better testament to the strength of a brand than that.
The main issue some investors have with Apple is that the iPhone, which is the company's largest source of revenue, is not growing like it once did. Apple is pushing more and more into services to pick up the slack, but it hasn't been enough to offset the decline in iPhone revenue over the last few quarters.
Despite the recent weakness, there are still several reasons to believe Apple can return to growth and remain a solid long-term investment. Here are three attributes that point to Apple still being a good long-term investment.
Quelle Fool.com
