Apple says it now has 935 million paid subscriptions

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Apple had a rare quarter in which it missed its revenue target due to supply chain and manufacturing issues. However, its revenue from services was a bright spot in the earnings. According to the company, it now has 935 million paid subscriptions across all of its services.

In the first quarter of the fiscal year, these services, which included iCloud, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+, Apple One, and Apple Pay, brought in $20.8 billion. This represents a 6% increase over the same period last year, when the company earned $19.5 billion. Apple also offers enterprise services such as Business Essentials, AppleCare, Tap to Pay, and Apple Financial Services.

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Apple says it now has 935 million paid subscriptions

Apple had a rare quarter in which it missed its revenue target due to supply chain and manufacturing issues. However, its revenue from services was a bright spot in the earnings. According to the company, it now has 935 million paid subscriptions across all of its services.

In the first quarter of the fiscal year, these services, which included iCloud, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+, Apple One, and Apple Pay, brought in $20.8 billion. This represents a 6% increase over the same period last year, when the company earned $19.5 billion. Apple also offers enterprise services such as Business Essentials, AppleCare, Tap to Pay, and Apple Financial Services.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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