https://techcrunch.com/2017/11/03/apples-record-services-revenue-suggests-growth-in-applepay-apple-music/

Everyone’s favorite almost-trillion-dollar company reported fourth quarter earnings after the bell on Thursday. And while much of the attention was on stellar iPhone sales, Apple wants to make sure that people know its services business is doing great, too.

“Service revenues reaches all-time high,” was the headline of the press release. But what is services revenue, exactly?