Tuesday, 29 January 2019

Apple's services help anchor a company rocked by slow iPhone sales

This time of year is usually when Apple posts its crazy holiday sales figures, but things are a little different now. Last November, Apple CFO Luca Silvestri confirmed that the company would no longer breakout sales for individual devices because they weren't "necessarily representative" of the strength of Apple's business. And then, at the beginning of this year, CEO Tim Cook made a rare statement revising the company's revenue guidance down thanks to lower-than-expected iPhone sales. Apple seemed intent on preparing Wall Street for the worst, but its recently released Q1 2019 financials painted a picture that, while not rosy, wasn't as bad as some had expected.


Apple's services help anchor a company rocked by slow iPhone sales posted first on https://www.engadget.com

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