
Variety reports:
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.
Read the full article.
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