Forgot to mention, AAPL service revenue was 12% of total revenue for this quarter. It is growing @ ~25% so in 5 years services could reach ~$90B a year. By comparison, AMZN 2015 revenue was ~$107B a year.
And AAPL service business had a gross profit margin of ~60%.
I am just a small retail trader, so you pros must saw something I did not. If so, please comment.
Thanks.
And AAPL service business had a gross profit margin of ~60%.
I am just a small retail trader, so you pros must saw something I did not. If so, please comment.
Thanks.