Apple’s Services revenue hit $79.4B in 2022, more than Intel’s $63.1B in revenue and the combined revenues of McDonald’s and Nike (Justinas Baltrusaitis/Finbold)

Justinas Baltrusaitis / Finbold:
Apple’s Services revenue hit $79.4B in 2022, more than Intel’s $63.1B in revenue and the combined revenues of McDonald’s and Nike  —  Apple Services business has now grown to become one of its most lucrative segments, with revenue surpassing that of major corporations.