in your own words write about 2 long paragraphs on apple inc.'s overall performance relaying on...

in your own words write about 2 long paragraphs on apple inc.'s overall performance relaying on reliable sources with usage of in text citations.

Also provide apa style citation below that

Expert Solution

The stock price of Apple has continued to grow over the last couple of weeks making it the most valuable company in the world, and the most profitable company ever debatably. Some may think Apple won't be able to maintain those numbers in the long run, but their prospects look fantastic right now. Apple's revenue growth average of 3 years is 52 percent, while its profit growth is 70 percent. Although many investors were concerned that the stock of Apple would begin to slip now that Steve Jobs is gone, Apple has continued to post record-breaking quarters.

Historically, strong sales of its iPhone devices have powered Apple's impressive growth in revenue, profits and its share price.
With sales of their iPhone and other hardware devices slowing down, the organization has made concerted efforts to turn itself into one of the world's leading digital services providers.
The company's iPhone business accounted for approximately 54.7 percent of total sales for fiscal year 2019; the company's Services segment accounted for approximately 17.7 percent of revenue; Mac sales accounted for 9.8 percent of total revenue; Wearables, Home and Accessories segment accounted for 9.4 percent of the company 's sales; the iPad accounted for 8.1 percent of the company 's sales.

Reference- Economic Times

Rahul Sunny answered 2 years ago

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