From Nasdaq: 2024-11-08 07:15:00

1. Apple is facing slow revenue growth, with only a 6% increase in Q4 FY 2024. The latest earnings report showed lackluster iPhone 16 sales, raising concerns about future growth potential.
2. Earnings per share dropped 34% year over year, but a one-time tax provision skewed the results. Without this impact, Apple’s EPS would have shown a 12% increase.
3. Apple’s stock is expensive, trading at a high forward P/E ratio of 30. Investors may want to consider other options like Alphabet, which offer better growth potential at a lower valuation. Apple needs to accelerate growth to justify its stock price.

Read more at Nasdaq: 3 Huge Warning Signs for Apple Investors