Interesting that services revenue growth (+14% YoY) is less than overall revenue growth (+16% YoY).
It really shows the reliance on the iPhone for revenue growth remains, with iPhone giving 23% YoY revenue growth, while Mac and wearables declined YoY.
This is one of the better articles I've read that clearly articulates the motivations of social media companies (and state variants) and the devastating impacts these apps are causing to individuals (anxiety and depression) and society through misinformation. I'm not yet convinced effective regulation can be enacted, but I respect one of the conclusions that we need to "encourage transparency and accountability in how content is disseminated and moderated on social media platforms".
Some really interesting pieces. I particularly like Super Discount (1998), where a temporary retail space was established to sell supermarket goods below regular prices. It mentions the "entire budget of the exhibition" had been spent on importing these products.
"A garage-sale alike supermarket was established in the exhibition space, which among other goods offered salami, cleaning products, biscuits, canned food, pasta, cheese, cat food, cakes, and sweets. The goods were purchased in France, taxed at the border and imported to Switzerland. Hereby it was made possible for the visitors of the exhibition to shop 35% cheaper than in Swiss supermarkets."
Completely agree. I can't see them reviving the Xserve brand with their own silicon, but I could see them introducing cloud hosting services. Ideally with differentiation in something like environmental credentials (reduced, renewable power, etc.) to try and gain market share whilst maintaining margin.
It really shows the reliance on the iPhone for revenue growth remains, with iPhone giving 23% YoY revenue growth, while Mac and wearables declined YoY.