Apple Notes Importance Of Services By Adding It To Descriptions Of Both Business Strategy R D
We noted this week the growing importance of services to Apple’s bottom line … The company has now acknowledged this by adding the word in two places in an SEC filing this week, spotted by Business Insider. Services revenue – which includes the App Store, other iTunes sales, Apple Pay, iCloud storage, Apple Music and AppleCare – is growing faster than that from any of Apple’s hardware. Apple also added a mention of services to an paragraph about Apple’s research and development expenses in the same filing....