Here are the three main questions to answer:
The biggest revenue source from Apple is its iPhone in its America segment.
Most of their product line includes personal computers, smartphones, wearables, tablets, and accessories.
They also have a cloud service business and streaming services like Apple Music and Apple TV+
Although the iPhone is their biggest income-producing product, they make the highest margins from streaming and cloud services.
They are working on a new by tap-to-pay feature without any additional hardware.
Stripe will become one of the first payment processors to accept this type of payment. So AAPL won’t create a new payment processor per say but a feature that will work with most payment processors.
This is a great to collaborate with other big players in a related industry.
At the core, AAPL is one of the leaders in the industry of smartphones, personal computers, and now music and TV streaming services.
Their name is known across the globe and has a good reputation for having a good quality product.
They’re coming out with a new corporate strategy still to grow revenue without as much need for new hardware.
That’s a great way to keep the company strong and investors happy because they see growth in the company.
Their service business is growing faster than their hardware.
On the first quarter of 2022 Apple posted a net income of $34.6 billion from a total revenue of $123.9 billion.
From a year ago in the same quarter, their revenue grew. Both their product and service-based businesses.
Their service-based business side will become their major focus as a corporate strategy. They see the slowth and problems with the hardware side of the business.
Their main demographics are Americas, Europe, Greater China, Japan and the remaining parts of Asia Pacific.
The US is the biggest demographic, but Asia is growing quickly.
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