Almost 1 billion people pay for Apple services

Almost 1 billion people pay for Apple services The number of Apple’s paid services’ users has reached 935 million people, Report informs via TechCrunch.
ICT
February 5, 2023 17:59
Almost 1 billion people pay for Apple services

The number of Apple’s paid services’ users has reached 935 million people, Report informs via TechCrunch.

Apple received payments from iCloud, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+, Apple One and Apple Pay subscribers.

The company earned $20.8 billion in the first quarter of last fiscal year. This represents a 6% year-on-year increase as the company recorded $19.5 billion in the same period in 2021. The iPhone maker also provides enterprise services such as Business Essentials, AppleCare, Tap to Pay and Apple Financial Services.

Apple also noted that the growth of App Store subscribers during the year was ten percent. Cloud and payment services have become the primary source of revenue among subscriptions. The company did not disclose the exact income it received from each type of service.

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