Apple will increase its reach into services this year as they are much more profitable than hardware, with one such service being video streaming, a veteran technology journalist has predicted in his annual forecasts.
Apple's iPhone revenue for the first quarter of the financial year 2019, which ended on 29 December, was down by 15% compared to the corresponding quarter a year prior, but its total revenue from all other products and services grew by 19% year-on-year.
Apple has announced that it will expand its operations in Austin, Texas, with a new campus to be built in North Austin at an estimated cost of US$1 billion.
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