Services could make up nearly half of Apple’s profits by 2020

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Apple’s burgeoning Services division could make up 40 percent of the company’s gross profits by fiscal 2020, predicts Jefferies analyst Timothy O’Shea. O’Shea says that Apple’s growing Services are the creamy sweet icing (not exactly his words) on top of the cake that is the existing “stable” iPhone business. As a result, he puts a […]

(via Cult of Mac - Tech and culture through an Apple lens)

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