Apple doubles fiscal 2016 services revenue 6 months ahead of schedule

In 2016, Apple announced the plan to double its services revenue by the end of 2020. The company achieved that goal six months ahead of schedule.

Apple continues to grow despite the condition of the world economy
Apple announced that it expected to reach the goal during its Q2 earnings call, and has now crossed it. The services revenue has seen consistent growth of over 15% year-over-year every quarter with only two exceptions — Q3 2019 and Q3 2020.

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