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Apple Services Revenue Hits All-Time Record High of $16.9 Billion in Q2 2021

Apple's services category, which includes the App Store (https://www.macrumors.com/guide/app-store/), Mac App Store (https://www.macrumors.com/guide/mac-app-store/), Apple Music (https://www.macrumors.com/guide/apple-music/), Apple Pay (https://www.macrumors.com/roundup/apple-pay/), AppleCare (https://www.macrumors.com/guide/applecare/), Apple TV+ (https://www.macrumors.com/guide/apple-tv-plus/), Apple Arcade (https://www.macrumors.com/guide/apple-arcade/), Apple News (https://www.macrumors.com/guide/apple-news-plus/)+, Apple Fitness, and more, saw record growth during the second fiscal quarter of 2021 (first calendar quarter).





(https://images.macrumors.com/article-new/2021/04/appleservices-16x9.jpg)


According to Apple's earnings report, the services segment brought in $16.9 billion, up 27 percent from the $13.4 billion in revenue services earned in the year-ago quarter. Apple says that new services records were set in each geographic segment.





Apple saw all-time revenue records for the ‌App Store‌, cloud services, apple Music, payments services, and more. ‌Apple TV+‌, ‌Apple Arcade‌, Apple Fitness+, ‌Apple News‌+, Apple Card (https://www.macrumors.com/guide/apple-card/), and Apple One (https://www.macrumors.com/guide/apple-one/) are all "continuing to scale across users" and are contributing to overall growth.





Apple saw 40 million paid subscriptions added during the quarter, reaching a total of 660 million paid subscriptions across all services, which is up 145 million from the year-ago quarter.  





During the call, Apple CEO Tim Cook (https://www.macrumors.com/guide/tim-cook/) highlighted Apple's most recent service announcements, ‌Apple Card‌ Family and podcast subscriptions, both of which are set to launch in the near future.
This article, "Apple Services Revenue Hits All-Time Record High of $16.9 Billion in Q2 2021 (https://www.macrumors.com/2021/04/28/apple-services-revenue-q2-2021/)" first appeared on MacRumors.com (https://www.macrumors.com)

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Source: Apple Services Revenue Hits All-Time Record High of $16.9 Billion in Q2 2021 (https://www.macrumors.com/2021/04/28/apple-services-revenue-q2-2021/)