epa05167492 A photo illustration of a Chinese woman showing a promotional message received on her iPhone coming from China Merchants Bank, for the Apple Pay mobile payment system in Beijing, China, 18 February 2016. Apple launched its Apple Pay mobile payment service in China on 18 February, amidst stiff competition in the industry and in a country of more than 350 million online payment users. Message reads, 'Register immediately to earn 99 points.' EPA/ROLEX DELA PENA
SAN FRANCISCO: Apple Inc's first-ever drop in quarterly iPhone sales has spurred chief executive Tim Cook to turn the spotlight on prospects for its services business, but the field is rife with competition and may prove challenging for a brand based on gadgets.
Second-quarter earnings saw services emerge as Apple's second-largest business after the iPhone for the first time, topping iPad and Mac sales, which both fell.
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