https://techcrunch.com/2021/01/28/will-apples-spectacular-iphone-12-sales-figures-boost-the-smartphone-industry-in-2021/

You’d be forgiven for being skeptical about the iPhone 12’s stellar performance this past quarter. It’s been a rough couple of years for smartphones — a phenomenon from which not even Apple was immune.

Frankly, after staring down these macro trends over the last couple of years, it seemed like the days of phone-fueled earnings reports were behind the company as its expanding services portfolio started to become its primary financial driver.