Analyst believes Apple's services business is worth a cool $1.5 trillionWhat 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...
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Analyst believes Apple's services business is worth a cool $1.5 trillion
