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Prediction: 1 Stock That'll Be Worth More Than Apple a Year From Now
Apple (NASDAQ: AAPL) is the largest company in the world with a market cap of $3.1 trillion, reaching this position thanks to robust demand for its consumer electronics products such as the iPhone, MacBooks, and iPads, among others.However, the past few years haven't been all that great for Apple, as its largest product by revenue -- the iPhone -- has stagnated in terms of sales. In the first quarter of fiscal 2025, for instance, Apple's iPhone revenue was flat year over year. Given that this product accounts for 55% of Apple's top line, it is easy to see why the company's revenue increased by only 4% during the quarter.The company has been relying on its high-margin services business to drive stronger earnings growth, but the influence of the iPhone on Apple's business indicates why its earnings increased just 10% from the year-ago period. Throw in the uncertainties created by the tariff-fueled trade war that could negatively impact sales of smartphones, and it is easy to see why analysts are expecting the company's earnings to grow by just 7% this year.Continue reading
Apple (NASDAQ: AAPL) is the largest company in the world with a market cap of $3.1 trillion, reaching this position thanks to robust demand for its consumer electronics products such as the iPhone, MacBooks, and iPads, among others.
However, the past few years haven't been all that great for Apple, as its largest product by revenue -- the iPhone -- has stagnated in terms of sales. In the first quarter of fiscal 2025, for instance, Apple's iPhone revenue was flat year over year. Given that this product accounts for 55% of Apple's top line, it is easy to see why the company's revenue increased by only 4% during the quarter.
The company has been relying on its high-margin services business to drive stronger earnings growth, but the influence of the iPhone on Apple's business indicates why its earnings increased just 10% from the year-ago period. Throw in the uncertainties created by the tariff-fueled trade war that could negatively impact sales of smartphones, and it is easy to see why analysts are expecting the company's earnings to grow by just 7% this year.
