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This Trend Could Equal a New Billion Dollar Growth Driver for Apple.


(NASDAQ: AAPL) has grown revenue and profit into the billions of dollars over the years thanks to its top technology products -- from the Mac to the iPhone. And recently, the company even reached a record number of active installed devices -- more than 2.2 billion -- indicating consumers continue flocking to Apple's products.

This could allow Apple to grow revenue yet another way, and this revenue source actually may become the company's next billion-dollar growth driver. The trend has already gotten started. Let's take a closer look.

Image source: Getty Images.

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Source Fool.com

Apple Inc. Stock

€202.70
0.520%
Apple Inc. gained 0.520% compared to yesterday.
Our community is currently high on Apple Inc. with 106 Buy predictions and 8 Sell predictions.
As a result the target price of 209 € shows a slightly positive potential of 3.11% compared to the current price of 202.7 € for Apple Inc..
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