) iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company’s growth driver.
Shares of the company rose 3% to a record high of $326 in early trading, providing the biggest boost to the benchmark S&P 500“We see Apple’s December 2019 quarter as a microcosm for its calendar 2020 performance, with the iPhone, once again, returning to the front and center,” D.A. Davidson analyst Tom Forte said.
Oppenheimer analyst Rick Schafer argued that the widely touted release of a 5G iPhone later this year would likely spur demand.
super!!
Hahaha Ill save this one ☝🏼 😂
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