At the end of 2012, Apple’s revenue from iPhones was $80 billion, which was more than half of Apple’s total revenue of $156 billion. The more I read about Apple’s services, the more I realized that it was a potential gold mine. Apple CEO Tim Cook believes that he could double services revenue to $60 billion by 2020. Cook added that the healthcare market makes the smartphone market look small by comparison. And at the recent HIMSS18 annual conference Apple is teaming up with Cerner to showcase to make healthcare records accessible in the Apple Health app.

Source: Forbes March 23, 2018 12:56 UTC