“This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends” — Tim Cook, Apple’s CEO
It turns out1, Apple is not doomed after all.
I bought Apple stock in 2014 and it has been a very good decision. I only wish I would have bought Apple stock in 2004 instead of that iPod Photo. Don’t get me wrong, I loved the iPod Photo but the same $450USD invested in owning part of the company itself would be worth about $20,500USD today (about $26,800 CAN). Talk about an expensive music player2.
1. Once again.
2. That based purely on stock price and doesn’t include the dividends.