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Apple posts record high services revenue in Q3 2017

Apple’s Q3 2017 financial results contained some surprises, including on-year revenue spikes in several segments. The services division, which includes Apple Music subscriptions and other digital content, posted a record high revenue of about $7.27 billion. CEO Tim Cook said the results marked “an all-time quarterly record for services revenue.” Continue Reading

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Apple discontinues two iPod products as smartphones continue to rule mobile music

Apple’s mobile devices have been keystones of its product family for much of its present-day business. In 2017, we are seeing the shifts in where Apple is putting its resources and what it views as trends for music, where the company has long worked to position itself as a leader. First, this year marked the 10-year anniversary of the iPhone. Second, Apple has discontinued both the iPod Nano and iPod Shuffle. Continue Reading