The iPhone's Best Days Are Long Gone -- It's Time to Focus on Apple's Hidden Moneymakers
(NASDAQ: AAPL) has been built on hardware sales for decades and the iPhone is arguably the most successful single product of all time. However, the company's revenue and profit growth are no longer driven by its devices.
Instead, Apple's financials are driven more and more by hidden revenue sources and fees, which Travis Hoium digs into in this video.
*Stock prices used were end-of-day prices of March 23, 2024. The video was published on March 25, 2024.
Source Fool.com
Apple Inc. Stock
€172.48
1.510%
Our community is currently high on Apple Inc. with 79 Buy predictions and 6 Sell predictions.
As a result the target price of 199 € shows a slightly positive potential of 15.38% compared to the current price of 172.48 € for Apple Inc..
