Apple's services sector is skyrocketing

Apple's services sector is skyrocketing

Services growth is driving Apple's continuing financial success, with a whopping 31 percent increase in services revenue year over year. These services include digital content and services, AppleCare, Apple Pay, licensing and other services. One of the pieces of that services pie that was only noted in a footnote on the Summary Data was a $236 million cash injection that appears to be a result of the final resolution of the Samsung lawsuit.

Read More

Apple World Today News Update: March 22, 2018

Apple World Today News Update: March 22, 2018

Today's Apple World Today News Update podcast has news on where Apple's future revenue growth will come from, a unique proof-of-concept app that wants to make it easier to assemble IKEA furniture, and a rumor about trial production of this year's iPhones:

  • Morgan Stanley analyst Katy Huberty sees Apple's future revenue growth coming not from iPhones, but from services and wearables
  • A developer has created a proof-of-concept AR app that could make it easier to understand those sometimes nebulous IKEA furniture assembly instructions
  • Rumors! Trial product of this year's three iPhones could start as early as June
Read More