Apples services revenue made up 147% of its entire revenue growth. With Mac, iPad and wearables all declining.
Yes it's super high margin revenue stream but with the majority coming from App Store fees, and Google search licensing royalties, is this sustainable? Regulators have tried to chip away at this.
What does everyone think
Quick example of why I built this: NVDA's revenue ramp vs AMD's over the past decade shows how the AI capex cycle has split the duopoly. The chart in the link makes that gap immediate in a way a table never does.
The tool lets you do the same for any two tickers across revenue, gross profit, EBIT, net income, FCF, capex, invested capital, dividends, buybacks, and net cash. Ratios view too.
Free, no signup, exports as PNG so you can use the charts in your own notes or writeups. Data from Yahoo Finance and annual reports.
Would love feedback on what else would be useful for value-style research.