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Apple’s Services Business Continues to Thrive

Rachel Gunter
Apple’s Services Business Continues to Thrive

Apple (AAPL) sells services to diversify its business as well as stimulate growth. In a recent discussion with analysts, Apple CEO Tim Cook said the company is on track to hit its services revenue target. Apple’s services revenue soared 31% YoY (year-over-year) to a record $9.5 billion in the June quarter, which is the company’s fiscal Q3 2018.