Apple CEO Tim Cook today boasted of a new milestone for the world’s biggest tech company: It now has more than 1 billion paid subscriptions across all apps and services, up 150 million year over year.
During the quarter, sales in Apple’s services unit grew 8.2%, to $21.21 billion. The services segment includes the App Store, Apple Pay, Apple Card and subscription services such as Apple TV+, Apple Music and iCloud.
On the earnings call, Cook said Apple TV+ also set a quarterly revenue record (but the company doesn’t break out results for individual services) and called out the streamer’s 54 nominations for the 2023 Emmy Awards.
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Apple now has more than 1 billion paid subscriptions across all apps and services. The company earned $21.21 billion during the June 2023 quarter. https://t.co/VH8m854Tsi
— Variety (@Variety) August 3, 2023