5min chapter

The Joseph Carlson Show cover image

Episode 329 - Apple hit 3 Trillion, Why It Will Hit 4 Trillion Next Year

The Joseph Carlson Show

CHAPTER

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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