Explained in plain English
How does Apple make money?
Apple generates significant revenue through selling its hardware, such as the various iPad models mentioned in the story. Beyond devices, they also profit from services like the App Store, Apple Music, and iCloud subscriptions. This dual approach of selling both products and services creates a robust ecosystem that encourages customer loyalty and consistent income.
Stories that explain this
Apple plans major iPad updates, including OLED iPad Mini by OctoberThis explainer came from a news story
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