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Apple Has Over 900 Million Paid Subscribers, With Services Revenue Increasing By 5% YoY

During Apple’s Q4 earnings call, CFO Luca Maestri provided more information about the company’s growth in paid services. Apple now has over 900 million paid subscribers, bringing it close to the one billion mark. Apple’s Services revenue increased 5% year on year to $19.19 billion in fiscal Q4. The number of customers who have subscribed to products such as iCloud storage, Apple Music, Apple TV+, the Apple One Bundle, and others is an important part of that. While Apple does not typically break out numbers for its various services, CFO Luca Maestri stated on the earnings call that the company surpassed 900 million paid subscribers during the fourth quarter. Maestri also stated that the figure is up 154 million from a year ago. To put this in context, Apple reported 825 million paid subscribers in April and 860 million in July. With a growth rate of 35-40 million customers per quarter, Apple is on track to reach 1 billion paid subscribers by 2023. In a related development, Apple announced price increases for Apple Music, TV+, and Apple One bundles earlier this week.

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LG Air Conditioner: Excellent Cooling, Low Energy Consumption

October 29, 2022

LG Electronics (LG) provides ample evidence with its innovative solutions for residential air conditioning. GENCOOL and ARTCOOL Mirror air conditioners provide outstanding cooling capabilities, excellent performance, and practicality with a variety of models and an array of smart features. The…

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