Apple's Services Revenue Growth Accelerates
There was a lot to like in Apple's (NASDAQ: AAPL) fiscal fourth quarter. The company beat expectations for nearly every key metric, as total revenue growth accelerated and the company's earnings per share returned to bottom-line growth.
But there's one area, in particular, that's worth a closer look: Apple's services business. The fast-growing segment, which includes revenue from the App Store, Apple Music, Apple Pay, iCloud, Apple Care, and other services, saw a meaningful uptick in its growth rate during the period as the tech giant continues to double down on its efforts to grow this important business.
Here's a closer look at services -- and why it's a key catalyst for Apple.
Source Fool.com
