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Product preview · AAPL

AAPL

New filing evidence

Supports your reason

Why I own it

Services growth remains a durable driver of consolidated earnings quality.

What changed

FY2025 10-K

Services sales grew 14% and Services gross margin rose to 75.4%.

What it means

Supports current growth and margin contribution. Durability still needs evidence from later periods.

Exact source retainedInspect filing →

AAPL example

Your reason. New evidence. What it means.

This public-filing example shows the product loop. It is not investment advice or a claim about anyone's historical position.

01 · Why I own it

Services growth remains a durable driver of consolidated earnings quality.

02 · What changed

FY2025 Services net sales were $109.2B, up 14%; Services gross margin was 75.4%, up from 73.9% in FY2024.

03 · Effect on my reason

Supports the current period. One annual result does not prove that the advantage will last, so durability remains an open checkpoint.

Inspect source: Apple FY2025 Form 10-K · MD&A, pp. 23–24

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