Ben Ang
2022-07-17

If Apple (NASDAQ:AAPL) were to monetize advertising beyond the App Store, it could potentially be a $20bn business by 2026, according to BofA analyst Wamsi Mohan.

Mohan said in a research note Thursday that advertising could be the "next driver" for Apple's services growth.

"Apple’s competitive advantage remains its large and captive installed base. Apple’s 1.8 billion installed devices lend themselves naturally to be conduits for advertisers to reach a large demographic. We estimate that if Apple were to monetize advertising beyond the App Store, it could potentially be a $20bn business by 2026, driving up the pace of Services growth back to the high teens vs. concerns of a permanent slowdown

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • HSTew
    2022-07-17
    HSTew
    Apple is still one of the best stock to buy and keep.
  • Clarence1700
    2022-07-17
    Clarence1700
    Please like, comment & Share this article.
  • Humbly
    2022-07-18
    Humbly
    Apple users are typically people who are willing to spend on premium items. This is certainly a good base for targeting by advertisers and will earn Apple good money
  • JSQ
    2022-07-18
    JSQ
    Apple is good to invest for long term when it launch it first iphone in the beginning. Now we doubt unless got next revolution products.
  • May168
    2022-07-18
    May168
    Apple users are very loyal and they will own a whole suite of apple gadgets so this stock has a great moat and stickiness to it!  The iot will only add value to the company!, viva la Apple
  • 88wlam88
    2022-07-18
    88wlam88
    Soon hitting 2 billion green apples worldwide
Leave a comment
10