Why Apple Is One of the Best 5G Stocks to Buy After Its Latest Earnings
Wall Street was disappointed after Apple (NASDAQ: AAPL) reported below-par quarterly results for the first time in five years, with its fiscal 2021 fourth-quarter revenue missing consensus estimates on the back of supply chain constraints that hurt sales. The stock lost 1.8% of its value on the day of earnings release, Oct. 28.
However, there was actually a lot to like about Apple's latest results, including terrific growth in iPhone revenue that demonstrates the company's dominant position in the 5G era. Let's look at the company's latest numbers and see why it remains a top tech stock to buy despite near-term challenges.
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Source Fool.com
