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Surveillance: Market Pause with Calvasina

Bloomberg Surveillance

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The Future of Apple's App Store

There is a question, though, Dan, of what you do with the multiples. Some people are speculating that there is not a lot of growth in the smartphone industry. And I believe services is the key. Services, in my opinion, is worth 1.3 to 1.4 trillion alone. That's just higher from from a margin perspective.

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