Why Apple's Momentum Isn't Accidental

Core Insights - Apple's stock has increased approximately 15% since the last coverage, driven by the growth of its Services segment [1] - Services revenue rose 15% year-over-year to $28.8 billion, further solidifying its market position [1] Company Performance - The momentum in Apple's stock is primarily attributed to the high-margin Services segment, which continues to expand rapidly [1] - The Services segment's revenue growth indicates a strong demand for Apple's service offerings, contributing significantly to overall financial performance [1] Investment Perspective - The analysis emphasizes the importance of identifying high-potential investment opportunities, particularly in sectors with asymmetric risk-reward profiles [1] - A long-term investment horizon of 2-3 years is suggested to navigate market volatility and achieve substantial returns through disciplined capital allocation [1]