Phone > Tech

Morgan Stanley says that amid slowdown in iPhone sales, Apple Services is where the growth is

3 monthes ago   |   By Phone Arena

With sales of the Apple iPhone slowing, how can Apple continue to grow its revenue by 8% annually? After all, sales of the company's iconic smartphone make up 86% of the tech giant's gross. According to a research report written by Morgan Stanley's Katy Huberty, Apple Services is growing fast enough to make up for slowing iPhone sales. Additionally, the services business has a higher profit margin which could help the bottom line as well as the top line.
According to Huberty, iPhone owners have stretched out the replacement cycle. This has been true for all smartphone owners in general...
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Analyst: Apple Watch and services will overtake iPhone as main growth driver over next five years

Analyst: Apple Watch and services will overtake iPhone as main growth driver over next five years

3 monthes ago   |   By 9to5Mac

A new report today from Business Insider shares new projections about how valuable Apple services will be to the company's growth as iPhone shipments stagnate. Morgan Stanley analyst Katy Huberty believes the company's services and Apple Watch will be the primary revenue growth drivers over the next five years.
more...
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Apple's Services Category Set to Be the Company's Main Revenue Driver Over the Next Five Years

Apple's Services Category Set to Be the Company's Main Revenue Driver Over the Next Five Years

3 monthes ago   |   By Mac Rumors

Apple's services revenue is growing at a rapid pace and is on track to be the company's primary revenue driver in the future, according to a note Morgan Stanley analyst Katy Huberty shared with investors this morning .
Huberty believes that over the course of the next five years, services revenue growth will contribute more than 50 percent of Apple's total revenue growth. The iPhone, meanwhile, will make up just 22 percent of revenue growth during the same time period, despite the fact that it's contributed 86 percent of Apple's revenue growth over the past five years.
Although "over the...
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