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Title: Analyst believes Apple's services business is worth a cool $1.5 trillion Post by: HCK on January 04, 2022, 04:05:19 pm Analyst believes Apple's services business is worth a cool $1.5 trillion
What you need to know A Wedbush analyst report suggests that Apple's services are worth around $1.5 trillion. Apple services are expected to help it on its way towards a $3 trillion valuation this year. Apple Arcade, Apple Music, Apple TV+, and others are working to give Apple a big advantage over the competition while earning globs of money in the process. Apple is also expected to become a $3 trillion company in 2022. Apple's services business alone is worth a massive $1.5 trillion according to a new research note from Wedbush analyst Dan Ives. That means that the likes of Apple Music, Apple TV+, and Apple Arcade are more than holding their own as Apple works towards becoming a $3 trillion company in 2022. Apple is on pace to become the first $3 trillion market cap company in 2022… Hitting $3 trillion will be another watershed moment for Apple as the company continues to prove the doubters wrong with the renaissance of growth story playing out in Cupertino. The researc... Source: Analyst believes Apple's services business is worth a cool $1.5 trillion (https://www.imore.com/analyst-believes-apples-services-business-alone-worth-cool-15-trillion) |