Services are roughly a third of the revenue at Apple. Most of the services revenue are taxes on third-party developers, and the payola Google pays Apple for the

Services are roughly a third of the revenue at Apple. Most of the services revenue are taxes on third-party developers, and the payola Google pays Apple for the privilege of Google Search being the default, and to prevent Apple from getting in the search market. It's where all the revenue growth is at Apple right now. All their hardware businesses are enormous and safe, but basically stagnant. That the majority of revenue is from hardware doesn't mean the future of the company doesn't lie in its ability to extract ever more blood from a stone.