Analyst: Apple’s Services biz could be worth $100 billion by 2024
<p class="">In a note to clients — as noted by <a href="https://www.barrons.com/articles/apple-stock-services-business-iphone-devices-outperform-rating-51590087110" target="_blank" rel="noopener noreferrer">Barron’s </a>— Evercore ISI analyst Amit Daryanani says he thinks Apple can exceed US$100 billion in services revenue in the fiscal year ending in September 2024, accounting for 30% of total revenue and 45% of gross profit.</p>