Description: Apple’s iPhone is an incredible moneymaking machine. In the first three months of 2019, Apple sold $31 billion worth of iPhones. At the same time, the iPhone is becoming less important to Apple’s total sales as the smartphone industry stalls globally.
Source: CNBC.com – video report
Date: May 01, 2019
Questions for discussion:
- What is happening at Apple from a revenue and profit generating point of view?
- Do you think the stock is a good choice going forward?