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by gamblor956
2716 days ago
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TIL I learned that contrary to Apple's own statements, it is more diversified than its primary competitors like Google and MS. Oh wait, no I didn't. Because of those 3, Apple is the least diversified company, and it's major revenue source is driven by a single line of products (the iPhone) which drives nearly every one of its other major revenue sources (i.e., the App Store). The double-whammy effect is part of why investors are so concerned: users not buying new iPhones means that users are also buying fewer apps in the App Store. |
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