Wednesday, August 9, 2017

Apple's Services Business Is Growing Like The 'FANG' Stocks, Should It Be Valued Like One?

Apple’s Services business has also seen robust growth, emerging as the company’s second largest segment in terms of revenue. Apple’s Services revenues grew by 21% in calendar year 2016 to over $25 billion, making it almost as large as Facebook.

from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/08/09/apples-services-business-is-growing-like-the-fang-stocks-should-it-be-valued-like-one/
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