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by redditmigrant
2718 days ago
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As an investor what you would be betting on is that services revenue growth will be enough to compensate for the negative iPhone revenue growth. For the previous quarter, iPhone revenue was ~3.7x the services revenue. So if the iPhone revenue drops by ~30% in the next 2 years and the services revenue hits the goal of doubling since 2016(~12B), you would essentially see a flat overall revenue which is problematic. |
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