Posted 4/9/2024, 11:15:00 AM

Apple's Growth Sputters as Innovation Stalls, Testing Investor Patience

Apple's revenue and earnings growth has slowed over the past year, disappointing investors
The company has propped up EPS through share buybacks and improved profit margins
But this is not sustainable long-term without new product innovation and revenue growth
Even after the 10%+ drop this year, Apple's valuation remains at a premium to the broader market
With stalled growth expected ahead, there is no reason to rush into buying Apple stock right now

yahoo.com