Goldman Says to Buy Apple Because It's Becoming a Services Company

There's still plenty of room for growth.

Is It Time to Stop Thinking of Apple as Hardware Company?

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It's time to stop thinking of Apple as a hardware company and start thinking of it as a service company.

At least, that's what Goldman Analyst Simona Jankowski and her team are telling clients as they add the stock to their "conviction buy" list and call for a price of $163 in the next 12 months.