Apple fans are betting the booming services business will take the sting out of an iPhone slowdown (Troy Wolverton/Business Insider: Finance)

Troy Wolverton / Business Insider: Finance
Apple fans are betting the booming services business will take the sting out of an iPhone slowdown – Apples services business may not rescue it or its stock from declining iPhone sales. In fact, a drop in phone sales could hinder the companys services effort, said Jeffrey Kvaal, a financial analyst who covers Apple for Nomura Instinet. Whats more, parts of Apples services business already seem to be …