Why Apple Is My Top Stock to Buy Right Now

Core Insights - Apple is experiencing strong momentum with a record June quarter and a growing services business, reinforcing its long-term growth narrative [1][2][4] - The company reported a 10% year-over-year revenue increase to $94 billion in the third quarter of 2025, with earnings per share rising 12% to $1.57 [4] - Services revenue reached an all-time high of $27.4 billion, up 13% year-over-year, highlighting the shift towards high-margin, recurring revenue streams [5][6] Financial Performance - The installed base of active devices has reached a new all-time high, which is crucial for monetizing services [4][8] - Operating cash flow for the fiscal third quarter was robust at $29 billion, with a $100 billion share repurchase program authorized and dividends increased to $0.26 per share [7] Growth Drivers - The growth in services is expected to continue as the company rolls out new software and features, enhancing user engagement within its ecosystem [8] - The upcoming product launch event is anticipated to further stimulate demand and engagement, particularly with new iPhone models and updated Apple Watch versions [8][10] Market Position - Despite concerns about stock valuation, the shift towards services and strong customer loyalty may justify a premium valuation [9] - The company is well-positioned to capitalize on its large installed base, which creates multiple revenue opportunities through services [8][10]