Top Apple analyst: The surge in services is not enough because 75% of Apple's business likely to decline

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Top Apple analyst: The surge in services is not enough because 75% of Apple's business likely to decline
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Top Apple analyst: The surge in services isn't enough because 75% of business likely to decline

Big questions still remain about the fate Apple's hardware business, says Bernstein's Toni Sacconaghi.However, Sacconaghi says "the business is not particularly healthy."Big questions still remain about the fate of Apple's hardware business, particularly the iPhone, top Wall Street analyst Toni Sacconaghi told CNBC on Wednesday.after the bell Tuesday that beat expectations.

Sacconaghi called the services business "a real testament to both execution and their vision of what this business can be."

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