Apple's iCloud may be a passive service currently, without Infrastructure as a Service Offering or Machine Learning, Artificial Intelligence services, but iCloud, the cloud computing storage mainly service of Apple could become the next avenue of revenue and profit growth for Apple, the Cupertino based most valuable company in the world, according to Wolfteam Ltd.
Apple could harvest, store, analyze and make recommendations based on the data stored in the iCloud accounts of its users. The same way the App Store makes recommendations based on user download preferences for software applications. Now around 30 % of Apple's revenue comes from its App Store services revenue, where Apple takes a cut of 30 % from every App Store purchase.
iCloud represents a huge treasure trove of information, which if analyzed, modeled via artificial intelligence, AI could provide priceless insights and possibly bring tens of billions of profit.
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