
Episode 329 - Apple hit 3 Trillion, Why It Will Hit 4 Trillion Next Year
The Joseph Carlson Show
Apple's Revenue Has Continued to Grow
Investor Dan Ives says that investors are missing the services part of Apple's story. The company has grown at 10% over the past 10 years, which doesn't sound like a good rate to many companies. But while this part of the business is growing, the margins are much higher. While Apple's total margins are around 40%, the services are easily 60% plus.
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