In case you missed it, Goldman Sachs is modernising. Its new chief executive is a DJ in his spare time, going by the name D-Sol. Its former chief …
Posts tagged as Goldman Sachs
Goldman Sachs analyst Rod Hall and his team made a big call last Wednesday favouring Samsung's new folding phone, the Galaxy Fold: He told clients that Apple's iPhone range might be two years behind the curve.
Goldman Sachs analyst Rod Hall and his team made a big call on February 20, favouring Samsung's new folding phone, the Galaxy Fold.
A mobile app created by a former Goldman Sachs banker obsessed with fresh food is disrupting South Korea's retail industry by giving grocery …
To remain the default search engine on iOS devices, Google paid Apple nearly $9.5 bn in traffic acquisition costs (TAC) in 2018, thereby contributing massively to the iPhone maker’s services revenue, estimates Goldman Sachs.
5 bn in traffic acquisition costs (TAC) in 2018, thereby contributing massively to the iPhone maker’s services revenue, estimates Goldman Sachs.
Apple is focusing on services revenue amid slowing iPhone sales in emerging markets like China.According to a report in CNBC on Tuesday, what Google paid Apple in TAC represented a third of Apple’s profit in the segment.Goldman Sachs warned that while the fees paid by Google will continue to make up a large portion of Apple’s services revenue into 2019, the rate of growth will be slower.
The firm suggested that to boost its revenue in the services segment, Apple needs to be less reliant on Google’s contribution.
“Apple will need to add mid to high single digits growth back to Services revenues through successful launch of the ‘Apple Prime’ bundle including original video that we expect to be rolled out this Spring/Summer,” Goldman Sachs was quoted as saying in a note on Monday.
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