Apple Music growth rate to hold steady at 40 percent for three years

Apple Music Growth - Apple Music App on Android Phone

The music streaming system is expected to drive Services growth throughout that time. The strong and steady Apple Music growth rate is expected to play an important role over the next three years, says an analyst. It will be among the top driving factor for sending services revenue upward. That said, it may also reduce overall margins, said the analyst. The figures presented by the analyst were printed into a note received by his investors. The data was put forward in a note to investors. Macquarie Capital’s Ben Schachter wrote…

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