#98 How Does Apple Make Money?

It has long been debated whether Apple is more of a hardware company or more of a software company. In its quarterly reports it does not delineate between the two. Instead, it breaks its revenue into four big product categories and services. It cannot be pigeon-holed—it is a fusion of hardware, software, and services. Growth in services, in particular, has been a major focus of the company for the past decade and now accounts for almost a quarter of its revenue. In this episode we get into the details of Apple's latest quarterly report and its long term strategy. Show Notes Episode 78: How Does Amazon Make Money? Episode 71: How Does Facebook Make Money? Episode 4: iOS vs. Android Apple Investor Reports Apple announces $83B fiscal third quarter Follow us on Twitter @KopecExplains. Theme “Place on Fire” Copyright 2019 Creo, CC BY 4.0 Find out more at http://kopec.live