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Apple’s Q3 Financials

“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.

To get a picture of how this quarter’s results compare to Apple’s past performance, check out Jason Snell’s Q3 Results Charts.

1. Once again.
2. That based purely on stock price and doesn’t include the dividends.