Apple services business grows; CEO Cook says China tensions ease

By Stephen Nellis and Sonam Rai (Reuters) - Apple Inc reported sharp growth in its services business on Tuesday and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping boost the company's shares after hours even though iPhone sales dipped in the holiday shopping quarter for the first time. Apple said sales for the current quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for the iPhone, especially in China, the world's biggest smartphone market. But investors focussed on the company's growing services, which include Apple Music and its App Store

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