Service Remains Bright Spot
Apple says that its service division remains the company’s bright spot. They expect to be on target to double the size of their service department by the end of the year. The company is hoping that a health app that works with Apple Fitness watches will lead the way in service purchases this year.
Apple Product Sales Decline
The company says that they will not release individual sales numbers in 2019. This caused alarm in some analysts who believed sales in 2019 might be even worse than previously estimated. In the fourth quarter of 2018, the company sold 46.9 million iPhones. It was the only flat sales over sales in the fourth quarter of 2017. Meanwhile, sales of iPads declined 6 percent and sales of Mac computers declined 2 percent.
China-U.S. Trade Talks
The announcement comes while China and United States trade talks are ongoing in Washington D.C. The impact of these trade talks may impact Apple’s projected sales in China as the United States government may tighten trading restrictions with the country.