Apple, Inc.'s Mac Business Is Booming

Apple's (NASDAQ: AAPL) fourth-quarter results solidified the growth story of the tech giant's two fastest-growing segments -- services and other products. Revenue from these two segments was up an impressive 34% and 36% year over year, respectively. But another one of Apple's product segments saw exceptionally strong double-digit growth during the quarter -- and it may surprise you. Apple's Mac revenue surged 25% year over year.

Here's a closer look at Apple's booming Mac business, and how Mac sales have rebounded sharply recently.

Macbook Pro at a video editor's workstation. Image source: Apple.

Continue reading


Source: Fool.com