✉news TechnologyMobile first seen 9 h ago, last 7 h ago, peak #34
Apple Services Revenue Nears iPhone in Importance
Original: Apple Services is Almost as Important as iPhone
Apple's services business — including the App Store, iCloud, Apple Music and other subscriptions — is now almost as important to the company as the iPhone, according to new analysis. The finding underscores how Apple's high-margin recurring revenue streams have grown into a core pillar of its business, reducing its dependence on hardware sales.
Why now: Investors and analysts are focused on how services growth offsets slowing iPhone sales.
Rank over time, top of the chart is #1. 2 snapshots from 9 h ago to 7 h ago.
Evidence
- Apple Services is Almost as Important as iPhone · cirpapple.substack.com
API: https://socialmediatrends-api.osmike.com/v1/trends/485348