Apple fans are betting the booming ‘services’ business will take the sting out of an iPhone slowdown — here’s why they might get a painful surprise

“What’s more, parts of Apple’s services business already seem to be slowing, and others promise only slim profits at best, he said” writes Troy Wolverton for That’s a problem for Apple’s services business, in part because consumers are less likely to buy warranties on less expensive phones, he said.Apple’s services business may not rescue it or its stock from declining iPhone sales.Apple’s services revenue is linked to its device sales and particularly to the kinds of devices it’s selling, he said.Even if that regulatory mess gets sorted out, Apple faces other troubles with its App Store business.

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