Apple’s ad business is likely doing the company more harm than good [Opinion]<div class="feat-image">
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<p><a href="
https://9to5mac.com/guides/aapl/" target="_blank" rel="noreferrer noopener">Apple’s[/url] ad business generated around $4B in the company’s last fiscal year. That’s a lot of money, of course, but I think there’s a risk that ad sales are doing more than $4B’s worth of damage to the company.</p>
<p>Let’s start by putting that number into context. By most standards, it’s a huge sum of money. It’s as much as <a href="
https://economictimes.indiatimes.com/news/international/business/astrazeneca-sees-4b-in-covid-vaccine-sales-as-revenue-soars/articleshow/89476959.cms" target="_blank" rel="noreferrer noopener">AstraZeneca[/url] made from a year’s worth of COVID-19 vaccines, for example. But for Apple, it represents <a href="
https://www.macrotrends.net/stocks/charts/AAPL/apple/revenue" target="_blank" rel="noreferrer noopener">around 1%[/url] of its annual revenue for the year …</p>
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Apple’s ad business is likely doing the company more harm than good [Opinion]