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Title: Apple services hit new quarterly record of $15.8 billion Post by: HCK on January 28, 2021, 04:05:20 pm Apple services hit new quarterly record of $15.8 billion
Apple's services business continues to grow its role. What you need to know Apple services reached a new record of $15.8 billion. The company attributes the performance to four different factors. Apple today announced record-breaking revenue for the first quarter of 2021, reaching new heights of over $110 billion. As Apple CFO Luca Maestri reviewed on the company's Q1 2021 earnings call, the company also saw record growth in its services business as well. The company reached a new record of $15.8 billion with its services business in the first quarter, growing 24% year over year. Turning to services. As I said, we reached an all-time revenue record of $15.8 billion and set all-time records in App Store, cloud services, music, advertising, AppleCare, and payment services. Our new service offerings, Apple TV+, Apple arcade, Apple News+, Apple Card, Apple Fitness+, as well as the AppleOne bundle are also contributing to overall services growth, and continue to add users, conte... Source: Apple services hit new quarterly record of $15.8 billion (http://feedproxy.google.com/~r/TheIphoneBlog/~3/4a6EX3xgPoY/apple-services-hit-new-quarterly-record-158-billion) |