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​Ultimate Stocks: technology elders are looking youthful

29/01/2021

Technology UK US

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Constituents of our Ultimate Stocks portfolio delivered outstanding results this week. Read on to find out more about these fabulous companies and our high-performing Ultimate Stocks portfolio 


Apple: the giant is still growing

Apple (NSQ:AAPL) announced better-than-expected results for its fiscal first quarter ending 31 December 2020 as customers were eager buyers of all its excellent, but costly, products.

Revenue rose 21% to $111.4 billion with profits up 29% to $28.76 billion, equivalent to $1.68 a share, well above consensus estimates of $1.40 a share.

Sales of iPhones continue to dominate the numbers rising 17% in the quarter to $65.6. billion. However, there were also strong…

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