AAPL: Major Cannibalization Concerns At Apple

Major Cannibalization Concerns At Apple
by Valuentum

Best Ideas portfolio holding Apple (AAPL) reported another fantastic quarter Thursday afternoon. The tech giant saw revenues surge 27% year-over-year to $35.9 billion, a touch higher than consensus estimates. Earnings increased 23% year-over-year to $8.67 per share, a few cents weaker than consensus expectations, but negatively impacted by a $50 million loss from other income versus a forecasted gain of $150 million. Apple generated $50 billion in operating cash flow during the fiscal year. read more »

More on AAPL:

Reiterating My Investment Theme For Apple by George Kesarios

Apple: Tim Cook Failed, But Learned From It by Dana Blankenhorn

Apple Adds 8 New Currencies Supported In App Store by TechCrunch

Other articles that mention AAPL:

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Thank GDP It's Friday: Apple On Sale For 10x Earnings by Philip Davis

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