Why Did Apple Inc. Shares Gain 24% in the First Half of 2017?
Apple (NASDAQ: AAPL) was slow to the digital assistant / talking speaker game, and iPad sales have slipped. The company lacks new hits and has struggled to gain market share with its set-top box and its premium tablets.
None of that has mattered as the company has consistently delivered strong results powered by iPhone sales. That happened during the first half of 2017, pushing shares in Apple even higher.
Apple posted record results in Q1. Image source: Apple.
Source: Fool.com