How Services Will Become Apple’s Next $100 Billion Business

Alibaba Group Holding Ltd. plans to bolster its cloud business as the new coronavirus outbreak drives increased demand for online services......»»

Avery Hartmans/Business Insider Apple just acquired the beloved weather app Dark Sky, a move that could help it boost its ever-growing services division. Apple's services category .....»»

Food services company Sysco Corp. said Monday it is suspending its share buyback program and reducing capital spending as the coronavirus that causes COVID-19 has disrupted the away-from-home food business. The co.....»»

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Tysons IT services giant DXC Technology Co. (NYSE: DXC) is selling its state and local health business to private equity firm Veritas Capital for $5 billion in cash. DXC said Tuesday it would use the proceeds from the sale to pay down debt. The c.....»»

DXC Technology Inc. said late Tuesday that it planned to sell its U.S. state and local health and human services business to Veritas Capital for $5 billion in cash. DXC stock surged more than 30% in the exten.....»»

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A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here......»»

The burgeoning services business is, most experts believe, the future of Apple. However, the iPhone, critical to the company's success for so long, may post surprising strength and drive the sharply........»»

Apple Inc on Wednesday said its Apple News service has reached 100 million monthly active users versus 85 million a year prior, demonstrating growth in a key services business that is being closely watched by investors as iPhone sales decline......»»

Crystal Cox/Business Insider Apple's AirPods sales could grow to $15 billion in 2020, more than doubling the $6 billion in revenue the product generated in.....»»

RBC says Amazon Business is growing faster than even its retail e-commerce and Amazon Web Services divisions......»»

Intel Corp. sold its smartphone modem chip business to Apple Inc. in July, but in a new court filing said it did so reluctantly and at a “multi-billion dollar loss” as a result of actions by rival Qualcomm Inc. Santa Clara-based Intel filed an.....»»

Intel; Shayanne Gal/Business Insider Intel said in a court filing that it sold its smartphone modem chip business to Apple at a "a multi-billion dollar loss." Intel said it was forced out of the market because of Qualcom.....»»

Intel Corp sold its smartphone modem chip business to Apple Inc at "a multi-billion dollar loss," the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market......»»

The launch of Apple TV+, coupled with Apple Inc's foray into digital services, could help the company increase its income from advertising by more than five fold to $11 billion annually within the next six years, analysts from JP Morgan said on Friday......»»

Hollis Johnson/Business Insider Google is acquiring Fitbit in a $2.1 billion deal. That could give smartwatch maker Fitbit a key advantage in areas where it's been lagging behind Ap.....»»

The move could shore up the internet giant’s hardware business (Bloomberg) — Alphabet Inc.’s Google agreed to buy smartwatch maker Fitbit Inc. for $2.1 billion in cash, a move.....»»

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