Apple’s earnings statement and call shows that hardware sales are down for iPhone and Mac, but new services are up.
iPhone sales continue to sharply decline, according to Apple’s earnings statement for its second fiscal quarter, though its stock and services business are up today.
Apple’s all-important iPhone revenue was down another 17% for the quarter ending on March 30, amounting to $31.05 billion. A year ago we saw iPhone revenue at $37.56 billion.
You can chalk up people’s continued upgrade aversion to newer, more expensive iPhones. The iPhone XS Max is Apple’s most expensive phone ever, the ‘budget’ iPhone XR is still quite pricey, and the iPhone XS didn’t change very much from the iPhone X.
New iPhone 11 rumors point to a triple-lens camera upgrade and the capability to wirelessly charge other devices (handy for the new AirPods 2019), but Apple’s handset isn’t expected to get a groundbreaking smartphone redesign, unlike its competition.
