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iPhone sales make up 46% of Apple's revenue, so it has expanded beyond just being "a phone company". They offer an integrated experience across their products.
by acchow 2y ago
iPhone sales make up 46% of Apple's revenue, so it has expanded beyond just being "a phone company". They offer an integrated experience across their products.
- ArtTimeInvestor 2y agoAnother 28% is services, a good chunk of it is probably fees charged for the Appstore which is part of the phone? The growth of the Appstore business is another example of what I am trying to convey here. That companies are moving targets. When the iPhone came out, people were estimating how fast the competition could catch up with the hard- and software. AFAIR appstore fees were not a part of the discussion back then.