Tough Times Ahead For Apple Services Segment [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Seeking Alpha
Tough Times Ahead For Apple Services Segment Summary Apple services segment is growing fast but faces a number of challenges. Spotify complaint exposes Apple to additional complaints by companies like Netflix especially now that it is launching its streaming service. Apple is battling Google on privacy issues. Google could cancel the $12 billion licensing deal with Apple. As app developers revolt, Apple might be forced to cut the so-called Apple Tax. Source: With Apple’s ( AAPL NFLX FB GOOG AMZN Apple’s services segment has shown continued growth over the years. This growth has been fueled by the company’s installed base, which has increased report MS gaming Statista Apple does not provide a breakdown of the revenues from the services segment but it is believed that the Appstore is the biggest source of revenue. Forbes estimates that the Appstore generated more than $13 billion, accounting for 36% of total revenue in the segment. This is likely followed by the licensing fee, which is
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