This is the one of the last ultimate service plays (the best one remains to be healthcare, which they are working on) in the shift to service transition. If yo

This is the one of the last ultimate service plays (the best one remains to be healthcare, which they are working on) in the shift to service transition. If your savings are on Apple Wallet, you will be not switch away from an iPhone for many years. The average deposit duration is 7 years, used by banks to manage risk. This “lock” is better than any carrier 24-36mo agreement. Healthcare obviously would be groundbreaking, if you depend on your phone for healthcare (it would be potentially life long…). So regardless if they make money on these services, they’ll continue to make more money on devices.