Apple iPhones continue their drop in sales, but the tech giant has reported that their services and wearables have climbed in the last quarter.
iPhone revenue reports say that the fiscal second quarter has experienced a 17 percent loss at $31 billion, but services are 16 percent up at $11.5 billion. Apple expects third-quarter revenue of $54.5 billion, higher than analyst predictions at $51.9 billion.
The tech giant’s attempt to build up the Apple Music and App Store have shown favorable results. This move was done as a way to counteract the trend that consumers tend to stay with their current smartphones than they did several years ago. In fact, an event was hosted just to introduce newer services such as the Apple Arcade, Apple News Plus, Apple TV Plus, and others.
iPads have also increased 22 percent at $4.9 billion, and wearables are booming with a 30 percent jump at $5.1 billion.
