Apple’s big services push is starting to pay off

2019-5-1 11:34

Gone are the days when iPhones used to be the center stage of Apple’s quarterly results. Make no mistake, it is still the biggest money maker for the company, but the word “iPhone” appears just once in the Q2 earnings press release, as if it’s a mere afterthought.

The reason? Smartphone revenues are no longer exciting as they used to be.  iPhone sales slumped to $31. 05 billion, but it was still big enough to account for over 53 percent of Apple’s total revenue, down from 61. 4 percent YoY. Instead Apple chose to highlight its services division, which brought in revenues of $11. 5 billion,…

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Apple Finds a New Way to Sell its Old (Still Expensive) Phones in Germany; A Trial is Coming

Apple will resume its sale of iPhones in its stores in Germany, selling its older models which come with chips from Qualcomm Inc. , as the chipmaker gets one over the Cupertino-based tech giant. The world’s biggest supplier of mobile chips Qualcomm had brought a suit against Apple, where it claimed the smartphone maker was infringing on one of its patent that had to do with smartphone power management.

2019-2-15 12:49