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Gross margin on the the increase in services sales looks astonishing. Has there been a one off increase in eg fees for Google search in services revenue?
by klelatti 5y ago
Gross margin on the the increase in services sales looks astonishing. Has there been a one off increase in eg fees for Google search in services revenue?
- Synaesthesia 5y agoIt always had a lot of potential in terms of profitability, theoretically you can get the marginal cost of a digital item to nearly zero if you have a large scale.
- klelatti 5y agoAgreed but lots of Apple’s growing services don’t have low marginal costs - Apple Music - or they are investing heavily - Apple TV - so this seemed a bit surprising.