2023-05-05 00:20:00
Since to Apple started to invest heavily in the service sector, they continue to yield good results for the company. They now have nearly 1 billion paid memberships worldwide.
That’s what the CEO revealedChief executive officeror executive director.”>1 Tim Cook during the announcement of the financial results for the company’s second fiscal quarter, when it was highlighted that the current level is almost double the number of subscriptions that Apple’s services had two years ago.
We are pleased to report an all-time record for Services and a quarterly record for the iPhone.
According to the data, Apple reached the milestone of 975 million subscriptions, 40 million more than in the previous fiscal quarter and just 25 million from the first billion.
As we have shown, the sector earned the company US$20.9 billion and accounted for 22% of all revenue generated by the company in the period — second only to iPhones in this regard.
Calculations include revenue from both Apple’s own services (such as Apple Music, Apple TV+, Apple Arcade, iCloud, Apple Pay, etc.) and subscriptions paid through App Store and its controversial rate.
Encouraging numbers, right?
via AppleInsider
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