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I think in general that selling ongoing services is a good business model, but Apple's bread and butter and golden goose has been hardware. Their enormous cash
by mmanfrin 10y ago
I think in general that selling ongoing services is a good business model, but Apple's bread and butter and golden goose has been hardware. Their enormous cash reserves were built by hardware, not software. Certainly software was a bit part of making that happen, but the margins and money came from hardware.