How Apple makes its billions – and no, it's not all down to the iPhone

Last quarter, Apple generated almost $6 billion of free cash flow during what is regarded as its weakest quarter. When it comes to metrics such as revenue, operating income, free cash flow, and net cash, Apple dwarfs Amazon, Facebook, and Alphabet.

How does it do this?

Must read : Your next iPhone could be $100 cheaper, or $450 more expensive

Neil Cybart, Apple watcher and analyst at Above Avalon, this week published a piece called ” Apple has the best business model for generating cash” where he compared the Cupertino giant to other tech players such as Facebook, Alphabet, and Amazon.

How Apple makes its billions - and no, it's not all down to the iPhone

In the metrics of revenue, operating income, free cash flow, and net cash, Apple was either bigger than, or close to equal, to Amazon, Facebook,…

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