Apple Gets New Gold Opportunity
The iPhone maker seems to have found another new way to continue to increase his revenue.
Originally there was the Macintosh. Then came the iPod, iPhone, iPad, Apple Watch, and everything in between.
Apple (AAPL) - Discover Apple Inc. The report was able to identify revenue-generating products and maintain some of the fat margins that the company could afford.
Along with the product line, the Cupertino-based team, Calif., Led by Tim Cook began to build an empire on resources and: Apple One, AppleCare Technical Support, a joint venture with Citizens One Personal Loans (CFG) - Find Citizens Finance Group, Inc. Report, and Apple Card with Goldman Sachs (GS) - Discover Goldman Sachs Group, Inc. Report.
All of these programs have proved to be beneficial. And now Apple seems to have found a new gold opportunity.
Apple is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to a monthly app payment, reports Bloomberg, citing anonymous sources.
Hardware Registration Service
The service will allow users to subscribe to hardware, instead of just digital services.
Apple did not immediately respond to a request for comment.
This work is still under development, warns a report. But such a service could be a real turning point for Apple, which regularly sells its hardware products at discounted prices or in installments in partnership with Citizens One.
And it will certainly enable Apple to attract consumers who think their products are too expensive and are not always reluctant to put up large sums of money for a smartphone or laptop.
The basic price of the iPhone SE, Apple's cheap smartphone, is $ 429.
Apple at the end of January reported $ 123.94 billion in revenue over the quarter ending December 25, up 11%. Revenue generated by-products is estimated at $ 104.4 billion, or 84% of that amount.
You've got a free upvote from witness fuli.
Peace & Love!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit