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This is a significant feat. Apple's $6b in revenue from services beats Facebook's last reported quarter for the entire company.
by rebelidealist 10y ago
This is a significant feat. Apple's $6b in revenue from services beats Facebook's last reported quarter for the entire company.
- ejcx 10y agoA lot of people in this thread are seeing $6 in revenue next to Apple's huge worth and dismissing it. That's a lot of money, and it is growing. In my opinion, Apple is undervalued right now (I'm biased, I own a trivial amount of Apple stock). There is no real competitor that I've seen in the phone and tablet space, and their services business is growing.
- dpark 10y ago>There is no real competitor that I've seen in the phone and tablet space If you haven't seen them, you haven't looked. Google, Samsung, Huawei, etc. Android is dominating Apple in market share at this point. Apple is making great margins still, but they are not without legit competitors and have not been for years.