Tim Hardwick synopsized in bullet points Apple’s services year-in-review post for MacRumors. It clearly shows how Apple is trying some alternatives not to depend solely on iPhone sales. The iPhones are selling less for at least these reasons: 1 - Too expensive. 2 - People are keeping their iPhones for longer periods.
App Store customers spent a record $1.42 billion between Christmas Eve and New Year’s Eve, a 16 percent increase over last year, and $386 million on New Year’s Day 2020 alone, a 20 percent increase over last year and a new single-day record.
It seems that Services might be a right bet.