“But its fortunes still rest disproportionately on iPhone sales: in Apple’s 2024 Q1 financials, it reports net sales of $119.6 billion in the three months prior to December 30th, 2023, with $69.7 billion attributed to the iPhone.”
The iPhone brought in $69.7 billion of Apple’s $119.6 billion quarter. Services brought in $23 billion. The App Store made more than $60 billion in 2020 alone on a 30% cut. Every wall in the garden exists to protect that one product, and Apple only knocks one down when a court or Brussels makes it.