Apple record services: generated more than 17 billion in profits

The services offered by Apple, which include App Store, Apple Music, Apple Pay, AppleCare, Apple TV +, Apple Arcade, Apple Fitness + and more, have recorded another quarter of incredible growth, according to the report on the profits generated by the company during the third fiscal quarter of 2021. Specifically, these services would have brought Apple a good 17.5 billion, about 33% more than last year and a noteworthy record for the company.

Record-breaking Apple services: 17.5 billion in revenue

Cloud services, Apple Music, advertising, video and payments recorded historical revenue record, while that of the App Store is a new record only in the quarter of June. During the earnings conference call that revealed these impressive results, Apple’s CFO, Luca Maestri, said Apple’s device installation base has also hit a new all-time high, which will help drive the growth of related services.

Apple now has more than 700 million active paid subscriptions, an increase of 150 million over last year. A figure four times higher than four years ago. Premium accounts in digital stores have also reached new heights in each geographic segment.

Apple CEO Tim Cook highlighted le 35 nomination agli Emmy that ‌Apple TV + ‌ shows have received recently and claimed that Apple TV + ‌ viewers love shows like “Ted Lasso” and “Mythic Quest”.

It is very likely that these results are largely due to the excellent sales that iPhones have been recording for some years now, especially within the Chinese market. China is not an easy segment to intercept, the Cupertino company seems willing to concentrate its efforts there in the near future.