3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP500: Berkshire Hathaway Shareholder's Meeting and Intrinsic Value w/ Stig Brodersen and Clay Finck

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Apple's Services Segment Is a Key Driver for Growth

Apple released revenue of $90 billion for the most recent quarter which was up 8% year over year from 83 billion. Their number of paid users for their services that's up to 900 million which is an increase of 154 million and they'll likely be hitting a billion users in fiscal year 2023. The dollar has strengthened significantly over the past year as apple does business outside of the u.s., many other countries just looking at the dxy  over the past year has increased from 94 to 110.

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