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Apple Says Its Services Business Grew As Fast As Iphone Sales Fell - Latest News


Apple says its services business grew as fast as iPhone sales fell

Apple, which touts more than a billion of its devices in use around the world, is trying to steer the attention of Wall Street away from falling iPhone sales and toward services. The computer hardware ... read more

Apple’s iPhone sales revenue fell 15 percent during holiday quarter

“Revenue from iPhone declined 15 percent from the prior year, while total revenue from all other products and services grew 19 percent ... not current period sales.” Apple says it is on track to ... read more

The iPhone Is Becoming A Vending Machine For Services

iCloud storage revenue grew more than 50% over the past year to hit a new record. And AppleCare revenue grew at its highest rate in five quarters. Apple said in 2016 it would double its services ... read more

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Buy Apple Stock Because Its Services Business Can Grow, Says Analyst

... be able to increase its sales and profits from services after a big survey of consumers. The back story: Apple stock fell 30% in the December quarter last year as investors worried about slowing ... read more


Apple Services Business Grows 19 Percent Amid Weak iPhone Sales

A disappointing quarter for iPhone sales ... via its services unit. The company is looking to grow that arm of its business to $50 billion in annual revenue by 2020. (The segment's fiscal 2018 revenue ... read more

Apple iPhone sales: Global shipments 'down by millions' in Q1 2019

Apple's global iPhone shipments fell by between seven percent and 15 percent in the fourth quarter of 2018, according to analysts who now no longer have access to official unit-sales figures ... Apple ... read more

Apple says the iPhone X is doing just fine, expands stock buyback program by $100 billion

Apple reported that its services business grew 31 percent from the same time ... of the company's tablet business. Mac computer sales fell a bit, but remained flat on revenue. Still, the iPhone ... read more

Apple sees boost in revenue from services — even as iPhone sales drop

With its latest quarterly report, Apple ... its services business, the company’s iPad sales are also on the rise. Revenue from the sale of the tablets climbed by almost 22%, to $4.87 billion in the ... read more

Apple’s sales forecast suggests a big September iPhone launch, as usual

Apple says it ... Of note, iPad sales grew for the first time in more than three years, reaching more than 11 million units. Apple’s Services business, which includes iTunes and the App Store, ... read more

Lower iPhone sales volumes & China troubles the new normal for Apple, says Credit Suisse

Initiating coverage on Apple, Credit Suisse says that the slowdown in sales of the iPhone is expected to continue throughout 2019, with the smartphone business said to ... the main reasons revenue ... read more

Apple finds wearable ‘gimmicks’ really count as iPhone slips

In total, the combination of wearables and services – such as Apple Music subscriptions – accounted for 29% of total revenue, while the iPhone fell to 54% of sales from its ... Apple’s services ... read more

3 Reasons For Apple Investors To Press Pause On The Stock

In addition, Apple's own projections suggest Services won't grow fast enough to offset ... that these numbers imply. Apple says that its price cuts, trade-ins, and financing options, are helping the ... read more



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