Apple is uniquely positioned for major growth in several
verticals. And, given proper motivation, Apple can grow into a
more diversified, sustainable business.
. Expanding Apple Music
Apple Music has been one of the largest contributors to the
growth in Apple’s services revenue. But it isn’t only about the revenue. This growth allows Apple to pour resources into the platform, including original content. And with a $3.2B per year budget, Apple can start to get creative because Apple Music doesn’t need to make money right away. Apple has more cash than it can count.
And of course, with such a high degree of use and importance
(and control) in consumers’ lives, WeChat is an incredibly valuable, profitable product/platform.
iMessage should try to follow suit.
WeChat is owned by Chinese internet giant Tencent, a massive
conglomeration with a market cap of $543B (more than Facebook). And while WeChat’s revenue and profit numbers are not public, as of August 2015 it was valued at ~$83B, ½ of Tencent’s total market cap. This implies WeChat, a messaging app may be worth over $271B today Apple Music will play an enormous role in the future of the company. Pandora could be an interesting pick up for them. Pandora, the most used music streaming service (free version), has a market cap of only $1.13B. he other interesting player here would be SoundCloud,