alt Hacker NewsApple is a consumer services company, it contributes the half of their profits, and storage is their most popular service.
https://www.ft.com/content/3687fab7-3aea-4f81-9616-ed3d1f7be...
> Services are on track to make up a quarter of Apple’s revenue but as much as 50 per cent of its profit, said JPMorgan analyst Samik Chatterjee, reflecting the “stickiness” of products such as recurring payments for iCloud storage.
Your rational take makes sense but the market disagrees. Apple cloud storage is very, very poplar.
I think we're talking past each other. I never argued icloud wasn't popular or people didn't buy it. I disagree with the reason why it's popular and with the fact that apple would push cheaper devices in the hopes of enticing people to buy icloud.
I posit many people use it for syncing / sharing stuff and easy "backup", and not mainly as a way to increase storage for entry-level devices.