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Apple’s Services Growth on Track; Weakness to Persist in China

publication date: Jan 29, 2019
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Image Source: William Hook.
 

Apple delivered fiscal first quarter results after the close January 29 that were largely in-line with recently adjusted expectations. China has been and will likely continue to be a soft spot, but the company’s Services revenue continues to impress. Strong free cash flow generation and balance sheet health are synonymous with the company.



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