A recent report on how much Apple added in its Topline in FY ; 2014-15 reveals that the biggest consumer electronic brand single product runing since 2007 onwards , iphone added a a mind boggling revenue $151 billion to Apple’s topline in 2015, implying a staggering segment growth rate of 48%.
Analysts feel that iPhone revenues will be driven by increasing shipments and higher average selling prices fuelled by the iPhone 6 models. The huge growth potential, high free cash flow margins and attractive valuations drive our bullish Apple stock analysis.
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