Apple handily bested estimates with better than expected iPhone sales but weaker services growth ($400 million less than expected). On the conference call CEO Tim Cook was asked which services segments caused the shortfall. He avoided answering the analyst's question. It's important because Apple's services businesses are supposed to pick up the slack from the no growth (and highly competitive) smartphone market.
~ Fred Hickey, The High-Tech Strategist, February 4, 2020