Apple’s Q2 earnings: iPhone sales continue to drop as services keep growing

Apple just reported its second quarter financial results, posting quarterly revenue of $58 billion (down 5 percent from the same quarter a year ago) earnings per share of $2.46. The company said its crucially important services division hit an all-time high of $11.5 billion in revenue. iPhone revenue came in at $31.05 billion and was again down year over year, as were Mac sales. But the iPad, wearables/home/accessories, and services units of Apple’s business all saw gains.“We delive