Investors have known for some time that Apple’s (NASDAQ:AAPL) future growth wouldn’t come courtesy of the iPhone. Worldwide smartphone shipments fell by more than 4% in 2018, and when the final tally is done, it’s expected to show that the declines continued into 2019, falling an additional 1.4%, according to market intelligence company IDC. The growing penetration of the smartphone and incremental technological innovations are simply prompting users to keep their devices longer.

 

 

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