Hardware sales aren't picking up the slack, and advertisement revenue is also following a growth trend. Apple's stock would indeed be cooked if they went balls-out against the government that guarantees them access to cheap hardware and software that has been declared illegally anti competitive by foreign sovereigns. Apple needs this.
And that was just one quarter…
Run 12 quarters, for all I care. Service revenue accounts for more than 50% of Apple's YoY revenue growth: https://www.statista.com/chart/14629/apple-services-revenue/
Hardware sales aren't picking up the slack, and advertisement revenue is also following a growth trend. Apple's stock would indeed be cooked if they went balls-out against the government that guarantees them access to cheap hardware and software that has been declared illegally anti competitive by foreign sovereigns. Apple needs this.