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Services in spotlight after Apple stock market value hits $1.4 trillion

Services in spotlight after Apple stock market value hits $1.4 trillion

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-apple-stocks/services-in-spotlight-after-apple-stock-market-value-hits-1-4-trillion-idUSKBN1ZR1BS

When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings multiple trades at decade highs.