Apple’s big services push is starting to pay off

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Apple resorted to traditional tactics, such as discounts and generous trade-ins, to revive its iPhone prospects.

Cook also spoke about the developer accelerator in Bengaluru and said he was "happy with some of the things coming out of there". "But you can bet that we're learning quickly on all of those". "We feel good about the resolution".

"We think that most users are going to get multiple over-the-top products".

Cook told analysts on a conference call that "we've seen very positive customer response to the pricing actions we've taken in that market", and was optimistic that Beijing and Washington would resolve differences over trade that could threat Apple's growth.

Global sales accounted for 61 percent of the quarter's revenue.

The company said in November that it'd stop disclosing how many iPhones it sells, which many interpreted as a red flag. The latest IDC report for the first quarter of 2019 says that worldwide phone shipments dropped 6.6 percent versus previous year; 310.8 million smartphones down from 332.7 million in Q1 2018.

U.S. and Pakistani officials hold delegation level talks on Afghan peace process
Such a meeting was supposed to take place in Doha this month but it collapsed amid squabbling about the size of the guest list. The prime minister added that Pakistan was fully supporting the Afghan peace process including the intra-Afghan dialogue.

The Chinese research confirms that there we have more diversity.

"Within this category, Apple Watch is the best-selling and most loved smartwatch in the world, and produced its best results ever for a non-holiday quarter".

"There's a huge move from the cable bundle to over-the-top", Cook said.

Not to go too overboard with parsing specific words in Tim Cook statements, but I was struck by the phrase "one of them". Combine this with the fact that most competitors will shortly launch 5G phones and new foldable devices, the iPhone could face a hard remainder of the year. Weeks later, Disney came out with its own streaming service, Disney+, which will launch later this year. Actual net income declined 16.3% to $11.56 billion.

Last month, Apple revealed a new credit card offering and subscription services for news, television and gaming. With the smartphone market maturing and successive product upgrades becoming progressively less-than-revolutionary, Apple has been steadily looking to offset shrinking revenues with a pivot to software-oriented services like the App Store, iCloud, Apple Pay, and Apple Music.

But revenue from wearables and accessories sales of $5.13 billion beat estimates of $4.79 billion, according to FactSet data. The Apple CEO said the company plans on "going in there with sort of all of our might".