The iPhone is becoming less important to Apple's total sales as the smartphone industry stalls and shrinks globally.
Wedbush analyst Dan Ives estimated that Apple's streaming services could sign up as many as 100 million customers over the next three years.
Although Apple doesn't break out that number by itself — it has a similar category that includes other accessories such as cords and HomePod — Cook said on Tuesday that wearables grew at a rate close to 50% during the quarter. AirPods and Apple Watch are the two most important completely new hardware lines for Apple, and they are selling well.
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