Apple Says Its Services Business Grew As Fast As Iphone Sales Fell | Latest News RSS Feed

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


iPhone sales got hit by coronavirus. Now, Apple's told us how bad

Apple released financial results on April 30 showing iPhone sales fell more than 6%, but also saying services and wearables both grew double-digits. Apple's results were the latest example of how big ... read more

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Apple boosted by streaming services despite lockdown

Apple saw growth for the first three months of the year, as falling device sales in China were offset by demand for its streaming services due to the coronavirus lockdown. Sales climbed to $58.3bn ... read more

Apple’s iPhone sales fell as the coronavirus struck

Apple warned investors in February to expect worse than expected numbers in its fiscal second quarter. Since then, the virus spread around the world and tanked the global economy. On Thursday, ... read more

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Apple earnings dip amid coronavirus pandemic, but investors set to receive billions more

Apple Inc. reported Thursday that profits slipped slightly but sales grew amid the spread of COVID-19, and promised investors billions more in ... read more


Apple sales, profits grow even as coronavirus weighs on iPhone demand

Apple was one of the first major tech manufacturers to warn investors that the coronavirus pandemic would impact its business. What resulted was a mixed bag, with its growing services business ... read more

iPhone sales might have decreased but Apple Services are doing well

The company saw all-time records in many of its Services categories -- App Store, Apple Music ... Our third-party subscription business grew across multiple categories and increased over 30 ... read more

Coronavirus: Apple CEO Tim Cook says company is in its ‘most challenging’ economic environment ever

“Not giving guidance is prudent as Apple remains in the eye of the demand storm.” While Apple was able to say it beat Wall Street’s earnings and sales outlooks, and grow its business from a ... read more

Apple boosted by streaming services despite lockdown

Apple said iPhone sales for the quarter fell 7.2% to $28.9bn, compared to $31bn in the previous year. However, its wearables ... spot for Apple was services, which grew 17% year-over-year. read more



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