Where Will Apple Stock Be in 3 Years?

(NASDAQ: AAPL) started 2025 on a downbeat note as shares of the technology giant headed south for most of January, but the fiscal 2025 first-quarter results it released on Jan. 30 could help turn its fortunes around.

For the period, which ended Dec. 28, 2024, Apple's revenue increased 4% year over year, while its earnings exceeded analysts' expectations with a 10% jump. Apple delivered those improvements despite a 1% decline in revenue from sales of iPhones. More importantly, the tech giant's outlook and management's comments regarding the adoption of its artificial intelligence-enabled devices point toward a better year.

Let's take a closer look at the key takeaways from the company's latest report and consider if its catalysts are solid enough to push the stock higher over the next three years.

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Source Fool.com