If Apple services were best of class, eco system leading stars, this approach would make sense.
When we get iTunes and iCloud, well, their Kool Aid is probably spiked...
Apple is a devices company first and foremost. The services augment these devices. To say that services are some kind of a way forward for growth neglects the fact that these devices are a gating factor for these services.
Services are an enticing revenue model because they guarantee a steady income, while developing a good device experience is "hard". But it's a hard way to make money, with your revenue constantly consumed by labour costs. Only "products" can provide the kind growth a devices company needs. Leo Apotheker got caught up in this with HP - thankfully wiser minds prevailed and they backed out before it was too late.