Friday, March 29, 2024 Checked 11:00 AM; Last Updated 11:35 AM CDT; 16:35 GMT
Talking Heads Discussion
May 15, 2018 Headline: "Apple As A Service Part 2: Services Offer Growth, Visibility, And Profitability"" [""Apple Services is more profitable than hardware. We estimate the hardware operating margin to be 25% vs Services at 38% operating margin. This yields an overall Apple operating margin of about 27%. Looking forward, we believe overall Apple margins will be stable over the next few years as higher margins in the Services segment will be offset by lower margins in the hardware segment.""] Loup Ventures