Apple Music and Pay are quietly preparing Apple for the end of the iPhone

Apple just reported its third-quarter fiscal earnings, and as we're used to seeing from the world's most valuable company, it was another excellent three months. Revenue and earnings per share were both up (and over analyst expectations), and stocks have seen a modest bounce as investors jump back on the hype train.

But on second glance, Apple's numbers tell an interesting story. iPhone sales were barely up compared to the same quarter last year, and at 41.3 million units sold, the analyst expectation of 41.79 million units was actually missed. No one seems to care about that, because the average selling price of the iPhone rose significantly (all thanks to the iPhone X), so the money-printing machine is still roaring ahead as usual.

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Apple Music and Pay are quietly preparing Apple for the end of the iPhone originally appeared on BGR.com on Tue, 31 Jul 2018 at 17:52:14 EDT. Please see our terms for use of feeds.

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