https://arstechnica.com/gadgets/2020/10/apple-earnings-show-strong-ipad-and-mac-sales-cant-make-up-for-the-iphone/

Apple announced its fourth-quarter earnings today after the bell, and it was something of a strange quarter because, unlike some previous years (including last year), this quarter's numbers did not include an iPhone launch. The iPhone 12's various models ship in October and November instead of September this year.

CEO Tim Cook proudly announced double-digit YOY growth in all product categories besides iPhone on the call, but the iPhone is important: Apple's total revenue was up only 1 percent year-over-year, with iPhone revenue down almost 21 percent.