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Following the release of Apple s record second quarter numbers, the company revealed its services segment has grown to 660 million paid subscriptions.
Apple services now have 660 million paid subscriptions
Apple added 40 million paid subscriptions in the recent quarter, bringing the company s total to 660 million subscriptions from its paid services. That s up 28% from the same quarter last year.
In recent years, the iPhone maker has retooled its financial strategy to include its Services sector as a core revenue source.
Apple now offers its various paid services in Apple One bundles, which launched in October 2020.
Apple posted $89.6 billion in revenue in its Q2 2021 financial quarter.
Delivering an all-time revenue record of $16.9 billion for its Services, Apple has reached more than 660 million paid subscriptions across the services on its platform. This is up 145 million from just a year ago and twice the number of paid subscriptions Apple are only 2.5 years ago. The company posted all-time records for the App Store, cloud services, music, video, advertising and payment services. Apple s installed base growth has accelerated and reach an all-time high across each major product category. The number of both transacting and paid accounts on our digital content stores reached a new all-time high during the March quarter, with paid accounts increasing double digits in each of our geographic segments, informed Luca Maestri, Senior Vice President and CFO.
Apple now has 660M paid users across its Services
The company posted all-time records for the App Store, cloud services, music, video, advertising and payment services.
By IANS| Posted by Minhaj Adnan | Published: 29th April 2021 1:50 pm IST
New Delhi: Delivering an all-time revenue record of $16.9 billion for its Services, Apple has reached more than 660 million paid subscriptions across the services on its platform.
This is up 145 million from just a year ago and twice the number of paid subscriptions Apple are only 2.5 years ago.
The company posted all-time records for the App Store, cloud services, music, video, advertising and payment services.