A new report says that Apple is expecting to announce annual Service revenues of well over $100 billion during its earnings report later this week.
If accurate, that would make the company’s Services division a bigger business than either Walt Disney or Tesla …
Apple’s Services division
Apple’s Services division has become increasingly important over the years. That’s because every Apple device in use, old or new, represents an opportunity to generate recurring revenue.
The number of different services offered by the company has also grown dramatically. This now includes:
App Store
iTunes Store
Apple Music
Apple TV
Apple Arcade
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