Apple Stock: Low iPhone Sales Less Of An Issue For Apple Inc. (AAPL)

Apple’s iPhone sales are likely to exceed expectations. Apple is making key investments in high growth areas. Machine learning and big data are the future growth drivers. Apple (NSDQ:AAPL) sells one of the most sought after smartphones on the planet. Investors tend to use iPhone sales as a gauge for the potential performance of Apple. However, in an uncharacteristic move, Apple decided not to announce first week sales for the new iPhone 7 line. This immediately triggered talk in investor circles about Apple trying to hide poor sales figures. Apple’s iPhone sales figures can’t keep growing year-on-year. However, I don’t think that hitting ‘a wall” of sales growth would affect Apple immediately. The huge demand for the iPhone 7 suggests that we might see another record-breaking year. Move Towards Artificial…

Link to Full Article: Apple Stock: Low iPhone Sales Less Of An Issue For Apple Inc. (AAPL)

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