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Apple gross margin on services rises to a new record high
Apple posted its quarterly earnings last night, with generally strong performance. One standout point was the company’s ability to continue...
With incredible shows like The Studio, Your Friends and Neighbors, and the culture-shaping Severance, Apple TV+ has become a must-see destination with record viewership during the quarter. And we’re excited for our upcoming movie, F1, starring Brad Pitt, which will hit theaters this summer and gives an incredible inside look at one of the most intense sports on earth. However, skeptical investors continue to question whether that growth rate is sustainable especially in the face of looming monopoly regulation (such as the ongoing implementation of the Digital Markets Act in the EU and the impending DOJ case in the US) and unfavorable court judgements like the Epic ruling from earlier this week.
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