What you need to know
- Loup Ventures believes Apple's next paid service may come from an existing default app.
- Analyst Mike Murphy believes we could see something like Apple Podcasts+ or Apple Stocks+.
As reported by AppleInsider, venture capital firm Loup Ventures believes Apple's next paid service may come from another one of its pre-installed apps.
Murphy says that Apple's recent services growth "illustrates the power of services built on top of default apps." Loup Ventures points to Apple Fitness+, which was built into the Fitness app that comes preinstalled on the iPhone when you purchase an Apple Watch.
The analyst has ideas on a number of potential premium services that could come to Apple's existing default apps:
Murphy closed by echoing other analysts believing that Apple's services business will play a major role in the company reaching a $3 trillion market capitalization.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.