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Apple Inc. (AAPL)’s Latest Report Reveals 1 Little-Known Secret That Could Pay Off Huge

iOS users adopt new versions of the Apple mobile operating system quickly: iOS was adopted by over 60% of users in the first month of it’s release. Conversely, Android’s adoption is significantly slower, with Jelly Bean — the latest version of  Google Inc (NASDAQ:GOOG)‘s  mobile operating system — reaching  approximately a 30% adoption rate as of April 2013, 10 months after it’s release in July 2012.
Apple is expected to introduce fingerprint-scanning recognition in iOS 7 and it’s next iPhone release, allowing for immediate, secure mobile transaction authentication.
iOS users have been shown to be heavier consumers of mobile services than Android users; with iOS users accounting for the majority of online service revenues.
Online services is currently in its infancy, with huge revenue opportunities seen in mobile services and transactions with Cisco estimating the “Internet of Everything” to be a $14.4 trillion market.

With a user base of more than half a billion high-value costumers, the ability to quickly launch online services integrated directly into iOS, the rapid move from PCs to tablets, the global adoption of smartphones, and the high margins associated with online services, I believe Apple investors have reason to expect that online services will become a key revenue and profit driver for Apple Inc. (NASDAQ:AAPL) well into the future.

The article Apple Online Services: The Quiet Profit Juggernaut originally appeared on Fool.com and is written by Bill Shambllin.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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