Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Apple (AAPL.US)$ Moody's said Apple's revenue would grow at...

$Apple(AAPL.US)$ Moody's said Apple's revenue would grow at a mid-single digit rate over the next 12-24 months, with services, wearables and iPhone categories leading the way. Moreover, since the iPhone still accounts for more than 50% of Apple's revenue, the shift to higher-priced 5G smartphones and services should help earnings and keep free cash flow between $80 billion and $90 billion. Apple also has a strong cash position on its balance sheet, with $173 billion in unrestricted cash, giving the tech giant unparalleled liquidity and tremendous financial flexibility.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
10
+0
Translate
Report
14K Views
Comment
Sign in to post a comment
    Smile it makes life better
    91Followers
    9Following
    143Visitors
    Follow