Apple (NASDAQ: AAPL) relies on the iPhone for a large percentage of its revenue and profitability.
*Stock prices used were the afternoon prices of Oct. 8, 2024. The video was published on Oct. 10, 2024.
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Parkev Tatevosian, CFA has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.