21-05-2020 21:16 via feedproxy.google.com

Apple Services could be worth $100 billion annually by 2024

Many Apple investors still underestimate the growth potential of services, a Wall Street analyst says. Apple Services could be worth $100 billion annually by 2024, Evercore ISI analyst Amit Daryanani said in a note to clients Thursday.
Patrick Seitz for Investor’s Business Daily:“The potential for new offerings to be an accelerant to services growth remains underappreciated,” Daryanani wrote.
Apple’s services revenue growth will be fueled by new offerings and higher avera
Read more »