After surpassing an all-time revenue record of $20.8 billion in services, Apple has now surpassed more than 935 million paid subscribers. According to Apple CEO Tim Cook, the business increased income from App Store subscriptions by double digits and established all-time highs in a number of areas, including cloud and payment services.

More than 935 million people currently pay a subscription to Apple. More than 150 million more paying users have joined in the last year alone, more than quadrupling Apple’s member count from just five years ago. Nearly 70 nations and regions now offer Apple Pay to millions of shops. According to the corporation, a high number of new customers who are unfamiliar with the products and extraordinarily high levels of customer satisfaction and loyalty are to blame for the installed base’s ongoing expansion.

“In addition to setting records for the December quarter in Greater China, we also established all-time highs for services revenue in the Americas, Europe, and the rest of Asia Pacific. Additionally, we broke other service-related records, including those for music, payment services, cloud services, and the App Store’s December quarter revenue, “announced Apple’s Chief Financial Officer, Luca Maestri.

Apple’s services revenue increased by double digits in constant currency and expanded by 24 percent during the December quarter a year ago.

 

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