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Yes, the headline is not just misleading, it is false. Not only does the iPhone drive other revenue streams, "It also still makes up the largest chunk of Apple
by kbutler 7y ago
Yes, the headline is not just misleading, it is false.
Not only does the iPhone drive other revenue streams, "It also still makes up the largest chunk of Apple's revenue."
It is no longer the only important product, but it is still the most important.
- phoobahr 7y agoRate of growth is a garbage indicator for anyone who isn't VC funded. Particularily if you're a (still predominantly) hardware outfit with Thea history of designing, producing, shipping and selling some of the most profitable mass market products in history. If I decided to setup a lemonade stand in my front yard and sell one glass today (it's already late in the day here) and 100 glasses tomorrow then the growth argument makes me the most important (future) retailer in the world. Diversification is good for Apple, it's good for the ecosystem and as mentioned elsewhere probably makes it easier for them to produced devices that are less disposable. That's a great story and, given the dollars at stake, an important one. Why bother with the click-bait title that seriously erodes credibility?