Apple CEO Tim Cook's 6 Words That Could Point to a Higher-Growth Future for the Tech Giant
Based on its market cap, (NASDAQ: AAPL) ranks as the biggest company in the world, valued at close to $2.8 trillion. It generated more than $383 billion in sales in its latest fiscal year and nearly $97 billion in profits. The company sits atop a cash stockpile of more than $162 billion.
All those big numbers would seem to imply Apple is doing great. There's just one glaring problem: Apple's overall sales aren't growing.
Don't assume this is a permanent problem, though. Actually, there's reason to believe it won't be. Apple CEO Tim Cook said six words in the company's recent earnings call that could point to a higher-growth future for the tech giant.
Source Fool.com
Apple Inc. Stock
€202.30
-1.290%
Currently there is a rather positive sentiment for Apple Inc. with 106 Buy predictions and 9 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 3.81% for Apple Inc. compared to the current price of 202.3 €.
