Apple can't tell you iPhone sales are booming, so it's talking about 'services.' That's a problem.

• Apple is boasting about its "services" revenue in Q2. It didn't boast about iPhone sales, which declined.
• Which is why Apple has been telling Wall Street that "services" are an important growth category for some time.
• The problem: Apple's two primary growth drivers for services are at risk from antitrust suits and rules.

Apple had a great second quarter, Apple says: The company hit an "all-time revenue record in Services," the company reports.