Why Apple Stock Gained 30% Last Year
Apple(AAPL) The Motley Fool·2025-01-09 20:39
Investors are plowing into this popular name in anticipation of its next long-lived growth run.Based on nothing more than the numbers, shares of consumer-technology titan Apple (AAPL 0.20%) should have barely budged in 2024. The top line only improved to the tune of 2% for the fiscal year ending in September, while net income fell more than 3% year over year. Notably, sales of its breadwinning iPhone floundered as measured by revenue or by shipments of units, extending years' worth of lethargy.Yet, there it ...