Apple’s inscrutable black box: Services

Apple’s fiscal Q322 quarter ended June 25th, showed that the company’s Services business posted a 12% growth rate that was significantly slower than the 25% that the segment averaged over the previous four quarters. Why?Martin Peers for Bloomberg Opinion :On Thursday’s earnings call, Apple attributed the slowdown to foreign exchange, “the macroeconomic environment” and a pullback in Russia. But a weaker performance at the App Store also seems to be a factor. In a Fr