Apple (AAPL) shares gained 4.5% in early market trading on Tuesday. Currently, the stock is trading at $209.33 per share.
By 2020, Apple aims to double its Services revenue from 2016. Meanwhile, the iPhone is looking less and less important for the company.
Apple stock (AAPL) rose again on Monday, July 29, up 1.2% ahead of its earnings release on Tuesday. The stock is up 21.3% since June 3.