Apples service revenues are still growing 20% YoY. Apple can and does generate a steady stream of revenue from existing devices. App Store revenue increased 35

Apples service revenues are still growing 20% YoY. Apple can and does generate a steady stream of revenue from existing devices. App Store revenue increased 35 percent year-over-year, and iCloud is also continuing to grow. Apple pay is adding 1 million new users per week. and they just announced the Apple Music has 13 million subscribers. Apple's services unit is now the company's second largest category during the recent quarter, ahead of Mac and iPad sales