According to the latest analysis report released by the market research agency Finbold, the revenue of Apple’s service business will reach 79.4 billion US dollars in 2022, and this market segment alone has surpassed many Fortune 500 companies.
This analysis report lists the revenues of many well-known companies in 2022. The summary is as follows:
Boeing’s 2022 revenue of $66.6 billion
Intel’s 2022 revenue will be $63.1 billion
Nike’s 2022 revenue will be $49.1 billion
US airlines to generate $49 billion in revenue in 2022
Coca-Cola’s 2022 revenue of $42.3 billion
McDonald’s to generate $23 billion in revenue in 2022
In other words, Apple’s revenue from the service business alone exceeds the combined revenue of Nike and McDonald’s ($72.1 billion). Finbold is optimistic about Apple Services and sees significant potential for further growth in the consumer and enterprise markets.
Apple’s service business includes subscription services (Apple One), advertising revenue (Apple search engine and App Store) and fee income (App Store).
