Two thousand eighteen will be remembered as the year that Apple first achieved a market value of $1 trillion, as well as when growth in iPhones, Apple’s largest single product by far, began to slow. Before the introduction of the iPod—the iPhone’s precursor—Apple was a once-exciting computer maker. Now, only a retailer and an oil company are bigger. Its challenge: as consumers hang onto phones longer, Apple is repositioning itself as a services provider. Already iTunes, Apple Music, iCloud, and cuts from sales in its popular Apple Store generate billions of dollars of sales.
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News about Apple
This is your Data Sheet newsletter for Monday, June 24, 2019.
And all the other Apple headlines from the past week.
Battery may overheat on certain models.
Branchless online bank Marcus by Goldman Sachs wants to do to banking ‘what Amazon did to retail and Apple did to the music industry’
Blockchain executives say third-generation blockchain is the "next major infrastructure layer of the Internet."