“‘The fear was that Apple was just absolutely going to have the worst quarter they could ever put up. Still a bad quarter, but better than expected and all of those fears were put to the side,’ Najarian stated,” Rittenhouse reports.
“Najarian was particularly impressed that Apple’s revenues are now being driven higher into the 15% to 19% range from services alone,” Rittenhouse reports. “‘You’ve got to like the direction they’re going. People love Apple products and 90% of them plan on continuing to be with Apple,’ Najarian noted.”
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MacDailyNews Take: People love Apple products. Why, yes, yes they do.
Tim Cook: Apple’s services business alone will be the size of a Fortune 100 company by next year – July 26, 2016
Apple beats Street – July 26, 2016