The Compound and Friends cover image

Six Reasons to Stay Worried

The Compound and Friends

00:00

Apple's Shareholder Yield: The Inverse of the Stock Price

Michael Michael: Apple is not growing right now. Revenue growth is down, but earnings growth is going up because smaller share count. Gross margins are 44%, they're actually going up this year and $80 billion run rate for services - a 70% gross margin business. So that's the best point that you can't find new growth, but that can go on. The service is being the highest margin unless what if the government says, all right, enough for this nonsense? You're not taking a 30% break. Well, yeah, that's the worst.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app