Once a consumer adopts an Apple gadget, they're naturally encouraged to use Apple’s subscription companies and add extra Apple units.
And despite the fact that we've focused on "services" to date, Apple's devices are nonetheless an absolute money cow… The installed base matters because all those users - roughly 1 billion individuals own not less than one Apple system - are also signing up for Apple's services.
Plus, Apple's hardware sales proceed to increase the installed base of Apple customers. In 2019, Morgan Stanley (NYSE: MS) did a deep dive on Apple's healthcare opportunity. The funding bank concluded that healthcare might add anyplace from $15 billion to $313 billion annually to Apple's prime line.

Gross sales of these services, together with Apple Music, iCloud, and the App Retailer, hit $13.35 billion in Q2 2020. They completed the 12 months with $53.7 billion in revenue from companies. Not to say, the company has a $191.Eight billion war chest of cash on hand that it could use to dominate no matter promote it needs subsequent and pays investors a reliable 0.66% dividend.
Also to this needs to be added the amount of dividend that can be paid as soon as or twice a yr and the entire thing starts to take on a whole new search for sure.