2min chapter

Animal Spirits Podcast cover image

Do Valuations Matter? (EP.320)

Animal Spirits Podcast

CHAPTER

Apple's Year-Over-Year Revenue Change

Robinhood founder and CEO of Robinhood says Apple is not a growth company at the moment. The revenue has been down year over year now for three consecutive quarters, he adds. But services have grown in recent years making up more than a quarter of apple's revenues. He believes that higher interest rates could be good news for iPhone owners who are holding on to their devices longer.

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