Apple Has an iPhone Problem
The iPhone has been the product that's driven Apple (NASDAQ: AAPL) for 15 years, but it's now such a good product that new models are only slight upgrades from previous versions. Combine that with prices that make the iPhone extremely expensive, and you face a challenge growing a company the size of Apple.
In this video, Travis Hoium covers the iPhone's slowing growth rate and why services and accessories are now the real growth drivers of Apple's business.
*Stock prices used were end-of-day prices of Sept. 26, 2023. The video was published on Sept. 27, 2023.
Find out why Apple is one of the 10 best stocks to buy now
Our analyst team has spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed their ten top stock picks for investors to buy right now. Apple is on the list -- but there are nine others you may be overlooking.
Click here to get access to the full list!
*Stock Advisor returns as of September 25, 2023
Travis Hoium has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
