Apple Marked the End of an Era This Week. And That’s Just Fine With Investors [Fortune]
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Source: Fortune
Pinterest It's getting more difficult to describe Apple In the latest quarter, more than half of Apple's revenue came from products other than iPhones. That hasn’t happened in nearly seven years. Quarterly iPhone sales slid $4 billion year-over-year to $26 billion. But that decline didn't matter to investors, who saw a silver lining in the fact that other businesses like services, which includes Apple Music and iCloud, grew quickly. Indeed, Apple is a decidedly different company than it was even a year ago. And that may have been the story of the week for Apple. In addition to the shift in where its revenue comes from, we learned this week that AirPods wireless earbuds have become a big business, the Apple Card credit card will debut this month, and that Apple apparently has big plans for the Mac. Read on to learn more: Don't call Apple an iPhone company Apple had $53.8 billion in tempered by iPhone revenue falling $4 billion AirPods are big business Apple said its wearables division
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