Apple’s Services Revenue Expected to Top $100 Billion for First Time

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Apple’s services business is expected to hit $100 billion in annual revenue for the first time this year, reports the Financial Times.

Apple Services 2022
Apple’s services unit is expected to deliver annual revenues of $108.6 billion in the year to last month, which is up around 13 percent from the previous year. That’s according to analysts’ estimates at Visible Alpha.

If the estimates prove accurate when Apple reports its Q4 fiscal results this week, Apple’s services division will be larger than the entire annual sales…



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Apple’s Services Revenue Expected to Top $100 Billion for First Time


Apple’s services business is expected to hit $100 billion in annual revenue for the first time this year, reports the Financial Times.

Apple Services 2022
Apple’s services unit is expected to deliver annual revenues of $108.6 billion in the year to last month, which is up around 13 percent from the previous year. That’s according to analysts’ estimates at Visible Alpha.

If the estimates prove accurate when Apple reports its Q4 fiscal results this week, Apple’s services division will be larger than the entire annual sales…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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