City
Epaper

Apple now has more than 935 mn paid subscriptions

By IANS | Updated: February 3, 2023 18:20 IST

New Delhi, Feb 3 Apple has surpassed more than 935 million paid subscriptions, after setting an all-time revenue ...

Open in App

New Delhi, Feb 3 Apple has surpassed more than 935 million paid subscriptions, after setting an all-time revenue record of $20.8 billion in services.

Apple CEO Tim Cook said that the company achieved double-digit revenue growth from App Store subscriptions and set all-time revenue records across a number of categories, including cloud and payment services.

"All told, Apple now has more than 935 million paid subscriptions," Cook informed.

The paid subscribers' number is up more than 150 million during the last 12 months alone and nearly four times what Apple had just five years ago.

Apple Pay is now available to millions of merchants in nearly 70 countries and regions.

The continued growth in the installed base is due to extremely strong levels of customer satisfaction and loyalty and a high number of customers who are new to the products, according to the company.

"We reached all-time services revenue records in the Americas, Europe, and rest of Asia Pacific and a December quarter record in Greater China," said Luca Maestri, Chief Financial Officer, Apple.

"We also set records in many services categories, including all-time revenue records for cloud services, payment services and music and December quarter records for the App Store and AppleCare," he informed.

In constant currency, Apple grew services revenue double digits on top of growing 24 per cent during the December quarter a year ago.

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: FebruaryappleasiaNew DelhiTim CookLuca MaestriSupport companyApple educationThe new delhi municipal councilDelhi south-westApple app stores
Open in App

Related Stories

MumbaiApple Opens Second Mumbai Store at Sky City Mall, Borivali; Expands Retail Presence in India

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

National‘Harassing Crores for a Few’: Ex-CEC S.Y. Quraishi Criticises SIR Process at Lokmat National Conclave 2025

NationalLokmat National Conclave 2025: Manoj Jha Flags ‘Freebies Culture’, Says Elections Are No Longer Fair

NationalApple Opposes Mandatory Cyber App Installation Amid Surveillance Concerns

Technology Realted Stories

TechnologyEV charging hub unveiled at Anand Vihar Namo Bharat Station, 10 vehicles can be charged simultaneously

TechnologyAmaravati to be growth engine for $2.4 trillion economy: Andhra CM​

TechnologyJan Vishwas Bill, 2026 decriminalises minor offences in health sector

TechnologyFood prices to rise further globally if West Asia crisis stretches beyond 40 days: FAO

TechnologyGoogle now allow Gmail users to change their usernames