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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 shares jump 5% as its Q2 numbers beat the Street

What's more, the $1.6 billion increases in services revenue made up for less than a quarter of Apple's $6.5 billion decline in iPhone sales ... Apple says products like the Apple Watch and Airpods are ... 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

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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


Apple’s Plan to Buy $75 Billion of Its Stock Fuels Spending Debate

On Tuesday, Apple announced its ... iPhone sales fell 17.3 percent from the same period a year ago, to $31 billion, in part because of a larger drop in revenue in the China region. The company’s ... 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 ... Apple says that its price cuts, trade-ins, and financing options, are helping the company's iPhone business to begin ... read more

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

Editorial: The new Services - Can Apple Arcade fuel iPhone growth in a slowing smartphone market?

But is it realistic to expect that Apple can drive sales growth for iPhone as overall smartphone growth stalls or even contracts globally? Pundits like to say ... its hardware business, Apple's ... 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

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



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