Apple seems to be gearing up for life after the iPhone based on recent leadership changes as Apple aims to reduce its reliance on iPhone for its revenue.

Apple has also trimmed 200 staffers from its autonomous-vehicle project, and redirecting much of their resources in its services business into efforts around Hollywood programming.

We speak to Daniel Ives, Managing Director of Equity Research from Wedbush Securities on the leadership shake-up in Apple's future and whether they can catch up in the service business.

Listen in.