iPhone sales continue to sharply decline, according to Apple's earnings statement for its fiscal second quarter, though its stock and services business are up today.
Apple's 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 this up to consumers' resistance to upgrade to newer, more expensive iPhones. The iPhone XS Max is Apple's most expensive phone ever, while the budget-focused iPhone XR is still quite pricey.
Current iPhone 11 rumors point to a triple-lens camera upgrade and the chance to wirelessly charge other devices, but Apple's isn't expected to offer a groundbreaking redesign.
How it's stemming iPhone bloodletting
Apple noted that price drops in certain countries did help it see some recovery, so its declines were "significantly smaller later in the quarter," according to CEO Tim Cook during today's Apple earnings call.
Sadly, Apple no longer releases number for how many iPhone units it sells anymore. Its Mac sales saw a minor dip, while iPhone sales were up and its catch-all Wearables, Home and Accessories category saw a nice bump.
Service is what Apple is touting the most. It's up to $11.45 billion from $9.85, which Apple touts as breaking new records for Apple Music and the Apple Store.
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