A very Appy Apple
Steve Jobs wasn’t right about everything. He pushed a mobile-browser centric model on to the first incarnation of the iPhone, but had to quickly shift gears and go the app route. Now those very same apps are turning into a massive cash cow for Apple and are key driver of its profits. Apple’s iTunes, Software and Services revenues will nearly double from $16 billion in 2013 to $32 billion, according to Macquarie Capital Research. Continue reading “A very Appy Apple”