1 Easily Overlooked Reason Apple Is the Most Attractive FAANG Stock
(NASDAQ: AAPL) has struggled to grow its top line this year. Revenue fell 1% year over year during its most recently reported quarter, and management called for more of the same in the current fiscal fourth quarter.
This top-line performance is also disappointing when compared to comparable megacap tech companies, including all of the other FAANG stocks. Meta Platforms (formerly Facebook), Amazon, Netflix, and Alphabet (the parent company of Google) all reported top-line growth in their most recent quarters.
Microsoft, though not a FAANG stock, has similarly outperformed Apple's sales trends recently; the software company's quarterly revenue rose 8% year over year for the period ended June 30.
Source Fool.com
Apple Inc. Stock
€199.24
-0.720%
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