Guy English on Nostr: So, Apple had $23.6B in profit this quarter. Their services had a record $23.9B in ...

So, Apple had $23.6B in profit this quarter. Their services had a record $23.9B in revenue. A good size chunk (roughly a quarter based on 2022 numbers) of that comes from Google search kickbacks.

That’s an enormous amount of profit but, yeesh, I kind of wish the company wasn’t so tied to services. I love product company Apple a lot more than I like iCloud storage Apple.

https://sixcolors.com/post/2024/05/2024-q1-apple-results-90-8-billion-revenue-services-record/