In a “go big or go home” environment, it is not surprising that so many players prefer to go big. It’s why Apple is playing up its super-sized Services revenue, as opposed to its incredible shrinking iPhone issues. Or why eBay is vocal about its seller growth, and less vocal about its shrinking U.S. sales. Going big can be a way to capture more revenue, as is the case with B2B automation, and a good way to avoid big punishments when things don’t quite go to plan.
Data:
1.8 billion: The number of Apple Pay transactions Apple reported during the last quarter of 2018.
$1.7 billion: Approximate value of the fines issued due to AML/KYC compliance failures during the first half of 2018.
179 million: The number of active sellers eBay reports as of the end of 2018, a 4 percent year-on-year growth rate.
46 percent: Share of firms that plan to implement automation within the next 12 months.
$10.9 billion: Total revenue from Apple Services’ holiday quarter.
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