1 Thing Investors Should Know About Apple's Revenue in 2023
(NASDAQ: AAPL) has been a wonderful investment in recent years, rising 226% in the past five years (as of Aug. 21), crushing the Nasdaq Composite index's 72% gain during the same time. That return has benefited Warren Buffett's Berkshire Hathaway, since the conglomerate has a 5.9% stake in the tech business.
Apple's popular product lineup includes the iPhone -- arguably the greatest piece of hardware ever invented -- which still accounted for 49% of company revenue last quarter. But the company is seeing success in other areas that are driving financial results and the stock price. A smaller division might define the business over the next two decades.
Let's take a closer look at the company's budding services segment.
Source Fool.com
Apple Inc. Stock
€201.50
-0.540%
Our community is currently high on Apple Inc. with 108 Buy predictions and 9 Sell predictions.
As a result the target price of 212 € shows a slightly positive potential of 5.21% compared to the current price of 201.5 € for Apple Inc..
