Apple’s services business grows 18% as iPhone sales stall

Apple just announced their earnings for Q1 2017. The company reported $52.9B in revenue with EPS of $2.10, which slightly beat consensus estimates of $2.02. But perhaps more importantly, this quarter’s revenue from services was $7.04B, which represents 18% growth year-over-year for the category, the same YOY growth percentage seen last quarter. And while revenue from services last… Read More...