Services Era Lifts Apple to $557 Billion Revenue Target
Apple's annual revenue is expected to reach $557 billion by FY2028, driven by its powerful Services segment. However, the iPhone still dominates Apple's revenue, accounting for more than half of the total.
The iPhone has defined Apple's last two decades, but what will drive growth in the next era? Apple's next wave of products must reduce reliance on the iPhone to achieve long-term success.