“Globally, Apple grew its revenue from Services 19 percent and the app store hit an all-time record,” Taylor and Lipton report. “Services will be “the size of a Fortune 100 company by next year,” said Cook.”
“‘I feel fantastic about how iPhone did this quarter,’ CEO Tim Cook told CNBC. ‘Looking ahead, iPhone will be more important than ever,'” Taylor and Lipton report. “Cook told CNBC he feels really good about sales in China. ‘We are not backing off our investment in China,’ he said.”
Read more in the full article here.
MacDailyNews Take: YKBAID.
Apple’s services business includes revenue from Internet Services, AppleCare, Apple Pay, licensing and other services.
The Milwaukee-based life insurer Northwestern Mutual is currently 100 on Fortune’s list with $28.111 billion in annual revenue and 5,530 employees.
Sometimes, a little perspective goes a long, long way.