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Profitable = Apple wouldn't keep it around if it wasn't. Revenue = Asymco estimate. Apple lumps it into the "Other" category in its reporting. Horace estimated
by georgespencer 10y ago
Profitable = Apple wouldn't keep it around if it wasn't.
Revenue = Asymco estimate. Apple lumps it into the "Other" category in its reporting. Horace estimated that it was doing $3bn of revenue a year in 2015. Maybe it's still just a $3bn a year business and not a $4bn a year business, but the point remains that calling it a "loser" is nuts.