Apple's Services Slowdown Has a Weird Culprit: No F1 Movie This Year
Apple's Services division slowed in fiscal Q3 due to currency effects & lack of blockbuster F1 movie release. CFO explains on earnings call.
Apple's Services business grew slower than before partly because there's no new F1 movie coming out this year, and money from other countries is worth less. When you see a company's growth slow down, check if it's because of missing big shows or temporary money reasons.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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