AAPL Services, the growing giant (revenue and gross margin)
$Apple(AAPL)$ AAPL Services, the growing giant (revenue and gross margin)
FY22
$78 billion revenue (+14% YoY; 20% of AAPL rev.)
72% gross margin (+ 2pp YoY; 2x gm of Products)Still hard to believe this is possible, even if I´ve done for 4 years now
I tracked my waves during my surf session today, using my$AAPL watch and the dawn patrol app
I can review each wave individually
Services (and Appstore) will just keep having more use casesAAPL service revenue will collapse once anti-trust legislation passes.
Who knows how many years that will be, but it will come and it’s not priced in at the current valuation
Apple is approaching 1 billion paid subscribers to its services !https://twitter.com/DividendWave/status/1596207428454043652
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