Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Amit Singh

Apple’s Revenue Is Soaring, But Analyst Confidence in AAPL Stock Is Cooling. Here's Why.

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.