Apple Is an Internet Company

> Apple’s new revenue strategy isn’t a bad one. It’s, basically, sell the customer an iPhone every three to five years, and make a bunch of money in the years between by selling them a new Apple Watch or AirPods (which only last about three years tops before you need a new pair -- batteries!) and services. If a user subscribes to all of Apple’s services for two years straight, that’s about equal to revenue from a new iPhone. So in those cases, if that user doesn’t buy a new iPhone for a couple years, it’s not a big deal.

Really, what seems more likely: services like AppleTV will bust out and become bigger than Netflix (smaller than AirPods), or in five years they'll follow up iPad, Apple Watch, and AirPods with another hit piece of hardware?

The profit margin for selling a MacBook Pro or Mac Pro ranges from thousands to tens of thousands.

So it is always going to be more profitable for them to sell hardware than software or internet services.

But it's irrelevant because they can just do both. Hence why there are both a products and services company not one or the other.

What a sleazy, slimeball argument.

> But we firmly believe the opposite.

Who is "we" exactly?

Which one of their services has a web client?

All of their services require an iOS or MacOS device in a walled garden.