City
Epaper

Apple now has 825 mn paid subscriptions across Services

By IANS | Updated: April 29, 2022 10:45 IST

San Francisco, April 29 Apple now has more than 825 million paid subscriptions across Services, up 165 million ...

Open in App

San Francisco, April 29 Apple now has more than 825 million paid subscriptions across Services, up 165 million in the last one year.

The iPhone maker said that its Services revenue reached $19.8 billion a 17 per cent increase (year-over-year).

Apple's Services category includes App Store, Apple TV+, Apple Music, cloud services.

During the last 12 months, the company generated $75 billion in Services revenue.

"These impressive results reflect the impact of our continued investment in improving and expanding our services portfolio and the positive momentum that we're seeing on many fronts," Luca Maestri, Apple's CFO, said in an earnings call late on Thursday.

The company also said its Apple TV+ shows had earned over 240 awards and more than 960 nominations to date.

Apple also sold iPhones worth $50.6 billion in its March quarter a 5 per cent increase year over year.

Macs saw big jump and the revenues were up 15 per cent to $10.4 billion.

"This quarter's record results are a testament to Apple's relentless focus on innovation and our ability to create the best products and services in the world," said Apple CEO Tim Cook.

Apple posted a record revenue of $97.3 billion for its March quarter, up 9 per cent year-over-year, with a net profit of $25 billion.

The company set an all-time revenue record for Services and March quarter revenue records for iPhone, Mac, and wearables, home and accessories.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: appleTim CookLuca MaestriSupport companyApple educationApple app storesStoreApple india store onlineDonald cookIhha
Open in App

Related Stories

TechnologyiOS 26.2 Update: New Privacy Controls, Smarter Notifications; All You Need to Know About Latest iPhone OS Features

NationalApple Opposes Mandatory Cyber App Installation Amid Surveillance Concerns

TechnologyApple Layoffs: iPhone Maker Cuts Jobs Across Sales Segment, Says Report

TechnologyIT Layoffs 2025: Microsoft, Google, Apple Among 284 Tech Companies That Cut Jobs in First 5 Months

International"Don’t Set Up Production in India, Make In U.S": Donald Trump Sends Out Clear Message To Apple CEO Tim Cook

Technology Realted Stories

TechnologyGovt reaffirms commitment to integrate surveillance, strengthen labs to combat influenza

TechnologyOver 4,500 Industrial Parks playing key role in India’s big push for growth

TechnologyExperts call for ramping up science and tech investment in India

TechnologyIndia will guide world in responsible AI development: Vice-President

TechnologyIIT Delhi develops AI lab assistant that autonomously runs scientific experiments