iPhone Supercycle Or Not, Services Segment Could Be A Big Growth Driver For Apple Inc. (NASDAQ:AAPL) Stock In 2018.
We are in the last month of 2017, and, investors and analysts are already talking what about could be the key drivers of Tim Cook led Apple Inc. (NASDAQ:AAPL) stock next year. Apple stock has had a great outing in 2017 with more than 46% gains in the year-to-date. Now, shareholders are looking forward to what's in store for AAPL stock in 2018. Wall Street is betting on the much talked about iPhone supercycle driven mainly by the iPhone X sales to be the key driver of the Cupertino, California-based company shares in 2018. Investors would be hoping that for Apple stock to breach the psychologically important $200 mark is just a matter of time. Well, coming to growth catalysts for AAPL stock in 2018, iPhone Supercycle Or Not, whether iPhone X turns out to be a mega hit or not, Apple Inc's service segment could be a big growth catalyst. Here's Why.