Apple services can bring a quarter of the company's revenue in 2025
By: Nastya Bobkova | 04.04.2024, 03:01
Revenues from Apple's services are expected to grow to a quarter of the company's total revenue by 2025.
Here's What We Know
Although Apple's official statements do not confirm these forecasts, Counterpoint Research indicates that services could account for a quarter of its revenue in 2025, which is important as the company is expected to exceed $400 billion in revenue in 2024.
For example, the Apple One subscription, which combines the company's core services such as Apple Music and AppleCare+, was launched last year and has already gained popularity among users.
Despite a possible slowdown in iPhone sales, Apple's services will continue to drive significant growth and add value to the company and its products.
Source: BGR