How resilient will Apple’s subscription services will be if a recession hits?
How would Apple’s subscription services — with 825+ million subscribers at last count — fare if a recession hits America, Apple’s largest market, by far?
A selection of Apple’sServices
Austin Carr for Bloomberg News:In the last 12 months, paid subscriptions jumped by 165 million, with services revenue leaping 17% last quarter, to $19.8 billion.But it’s tough to tell how resilient these services will be if consumer spending declines or a recession hits. Apple o
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