3 Articles
3 Articles
Apple’s Services Division on Track to Outearn Tesla, Pepsi, and Disney by 2026
Apple’s Services division is on course to surpass the annual revenues of Tesla, Pepsi, and Disney by 2026, according to new financial analyses that highlight how the company’s business model has evolved far beyond hardware. Once dependent on iPhone sales, Apple is now driven increasingly by recurring income streams — from the App Store and Apple Music to iCloud, Apple Pay, and Apple TV+ — making Services one of the fastest-growing segments in th…
Services are Apple's cash cow. The revenue generated by this activity could even surpass that of Tesla, Disney, and even the Chinese giant Tencent! It's easier to understand why the Californian manufacturer is clinging to it, despite the onslaught from the courts and regulators.
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