Apple would go bankrupt without US protectionist policy propping up their service revenue.
That's pretty bad. Maybe not "reliant on ad monopoly" bad, but pretty close.
Apple would go bankrupt without US protectionist policy propping up their service revenue.
That's pretty bad. Maybe not "reliant on ad monopoly" bad, but pretty close.
That seems like a stretch. Even in Europe where people can choose to use different app stores, few people actually do. So few, in fact, that one of the alternative app stores recently shut down.
Have you considered that people just like Apple's products and services?
In their revenue report this week out of $140B, services made up 30B. 140B-30B = 110B. Thats pretty far from bankruptcy.
And that was just one quarter…
Run 12 quarters, for all I care. Service revenue accounts for more than 50% of Apple's YoY revenue growth: https://www.statista.com/chart/14629/apple-services-revenue/
Hardware sales aren't picking up the slack, and advertisement revenue is also following a growth trend. Apple's stock would indeed be cooked if they went balls-out against the government that guarantees them access to cheap hardware and software that has been declared illegally anti competitive by foreign sovereigns. Apple needs this.
Elaborate? Financial results say otherwise.