Reported 2 months ago
Despite positive fiscal Q3 results, Apple's stock has been affected by a wider market sell-off due to recent interest rate hikes and other factors. The company's revenue grew by 5% year-over-year, led by strong services growth, including a 14% increase in services revenue. However, with mixed performance in iPhone sales and a relatively high valuation, experts suggest waiting for a further decline in stock price before considering new investments.
Source: YAHOO