Apple (AAPL) posted its strongest revenue growth in three years, with GAAP EPS that was also substantially above consensus expectations, Argus tells investors in a research note. iPhone, Mac, and iPad sales all topped consensus expectations, while Service revenue set another new all-time record in Q4, the firm says. Apple’s perpetually refreshed roster of highly desirable products provides a unique advantage over industry rivals, Argus argues. The firm has a Buy rating on the shares.
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