Apple reported solid results for Q4 with strong revenue growth. Services segment performed well. Expecting big iPhone sales in holiday quarter. iPhone sales grew 6% to $49 billion in Q3. Mac sales up 13% to $8.7 billion. Wearables and iPads sales flat. Total product segment sales up 5% to $73.7 billion. Services revenue up 15% to $28.8 billion. Revenue increased by 8% to $102.5 billion. EPS climbed 13% to $1.85. Expecting 10-12% revenue growth in current quarter. Services revenue to increase at similar rate. Planning to increase spending in AI. Stock trades at a forward P/E ratio of around 32. Services segment remains strong. Services revenue growth outpacing product segment. iPhone upgrade cycle gaining traction. Stock a bit expensive at the moment.

Read more at Nasdaq: As iPhone Demand Picks Up, Is Now the Time to Buy Apple Stock?