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-7.52388834549011E-05 -7.52388834549011E-05 0.000489052742457285 0 0.000300955533819818 0 0.000526672184184735 0.00060191106763985
Stock impact report

Apple could raise annual ad income to $11 billion by 2025: JPMorgan [Yahoo! Finance News]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Apple could raise annual ad income to $11 billion by 2025: JPMorgan ) - The launch of Apple TV+, coupled with Apple Inc's foray into digital services, could help the company increase its income from advertising by more than five fold to $11 billion annually within the next six years, analysts from JP Morgan said on Friday. Raising his share price target for the iPhone maker, analyst Samik Chatterjee argued the company could leverage the millions of users who search its App Store and Safari browser daily to generate the stellar growth seen by Facebook and Google in recent years. He said the company had the potential to raise revenue by a third every year, from an estimated $2 billion currently to $11 billion in 2025. Apple does not currently give detailed figures on advertising revenue. Through two difficult years for iPhone sales, the California-based firm has stressed the importance of growth in its services segment, which already includes Apple Care and Apple Music and generated rev Show less Read more
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