Thursday, March 22, 2018
Apple’s Services Category Set to Be the Company’s Main Revenue Driver Over the Next Five Years
Apple’s services revenue is growing at a rapid pace and is on track to be the company’s primary revenue driver in the future, according to a note Morgan Stanley analyst Katy Huberty shared with investors this morning (via Business Insider). Huberty believes that over the course of the next five years, services revenue growth will contribute more than 50 percent of Apple’s total revenue growth. 
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