Apple’s Services Are Eating the Profit | Raleigh News

Apple’s Services division is now its biggest profit engine, raking in a quarter of revenue with a jaw-dropping 75% margin—far outpacing hardware. To boost recurring revenue, Apple quietly raised prices on Apple One bundles and Apple Music, nudging Family plans to $27.95 and Premier to $39.95, while also hiking individual Apple Music plans. The moves, justified by rising licensing costs, position Apple closer to rivals like Spotify—and aim to lure users into pricier bundles. Even as hardware prices creep up on Macs and iPads, iPhones remain untouched for now, but higher component costs suggest price hikes are inevitable. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/84b70452b166f126