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Why investors should look beyond Apple's iPhone sales

Why investors should look beyond Apple's iPhone sales

5 years ago
Anonymous $oIHRkISgaL

https://finance.yahoo.com/news/apple-earnings-wont-just-phones-anymore-163702996.html

Apple itself predicts between $51.5 billion and $53.5 billion in revenue for the quarter, compared to $45.4 billion for the same quarter last year." data-reactid="26">Apple itself predicts between $51.5 billion and $53.5 billion in revenue for the quarter, compared to $45.4 billion for the same quarter last year.

For a company that’s closing in on a $1 trillion market cap, it might sound obvious to say that its future looks bright — but let me explain. The number of iPhones Apple can sell will eventually plateau as the global smartphone market becomes more saturated. Sure, Apple will continue to sell new iPhones, but you can’t expect to see the kind of enormous growth the division has seen go on forever." data-reactid="27">For a company that’s closing in on a $1 trillion market cap, it might sound obvious to say that its future looks bright — but let me explain. The number of iPhones Apple can sell will eventually plateau as the global smartphone market becomes more saturated. Sure, Apple will continue to sell new iPhones, but you can’t expect to see the kind of enormous growth the division has seen go on forever.