Apple (AAPL) continues to deliver strong financial growth, with record revenue across products and services and double-digit growth across every geographic segment. Yet, despite these impressive operating results, analysts’ enthusiasm for AAPL stock has cooled slightly.
Notably, Apple generated $109.4 billion in revenue in the third quarter, up 16% year-over-year (YOY). The top-line growth reflects continued strength across Apple’s ecosystem despite supply constraints and an uncertain macroeconomic environment.