Apple's iPhone sales are in a major slump. AirPods and iPad are helping the company grow
iPad: + 17%For years, Apple critics have chastised the company for relying on a single product, the iPhone, for the bulk of the company's revenue. That hasn't changed — the iPhone still accounts for more than half of Apple's overall sales.But Apple has diversified. Apple's AirPods are ubiquitous. Apple Pay is a hit. So is the Apple Watch. Even the iPad is suddenly making a comeback after years of dormancy.
IPad growth is important for Apple, even though it has become the company's smallest business unit. Apple doesn't make a two-in-one PC like the popular Microsoft Surface, leaving Apple out of the fastest-growing segment of the computer business. But the new iPad Pro, combined with iPad OS, makes Apple more of a competitor in that growing space.OK, let's get to the iPhoneNow for the bad news: iPhone sales tumbled 9% last quarter.
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