Facing Slumping iPhone Sales, Apple Looks to Services to Boost Business

By Gabe Weisert April 27, 2016

The App Store, Apple Music, storage center iCloud and mobile wallet Apple Pay and other services generated nearly $6 billion in revenue, up 20 percent from the previous year.

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There are inherent supply chain constraints and market limits in selling expensive physical goods. Apple seems to be hitting theirs.