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If Apple (AAPL) jumps into the over-the-top (OTT) Internet TV battle, its service revenue — an overlooked part of the iPhone maker’s product portfolio — would get a boost, analysts say. Apple’s service business, which includes the iTunes online store, rose 9.2% in fiscal Q2 2015 ended March 28 to $4.996 billion. Analysts estimate it’s on track to grow 11% to 12% annually through fiscal 2016. As it stands, the service business is a bit smaller than Scalper1 News
Scalper1 News