Apple's Services Revenue Reaches $17.5 Billion in Q3 2021, Setting New All-Time Record

Apple's services category, which includes the App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple Fitness+, and more, saw another quarter of incredible growth according to Apple's earnings results for the third fiscal quarter of 2021 (second calendar quarter).

appleservices
Services brought in $17.5 billion during the quarter, up 33 percent from $13.2 billion in the year-ago quarter and up from $16.9 billion last quarter.

Cloud services, ‌Apple Music‌, advertising, video, and payments saw all-time revenue records, while the ‌App Store‌ saw a new June quarter revenue record.

During the earnings call announcing the results, Apple CFO Luca Maestri said that Apple's install base of devices hit a new all-time high as well, which helps drive services growth.

Apple now has more than 700 million paid subscriptions, which is up 150 million from last year, and is four times the number of subscriptions that Apple had four years ago.

Paid accounts on digital content stores reached a new all-time high across each geographic segment, and paid accounts increased by double digits.

Apple CEO Tim Cook highlighted the 35 Emmy nominations that ‌Apple TV+‌ shows have received, and he said that ‌Apple TV+‌ viewers are loving shows like "Ted Lasso" and "Mythic Quest."

Top Rated Comments

Caliber26 Avatar
18 months ago
Me and my $.99/50GB iCloud storage plan feel very seen. ?
Score: 5 Votes (Like | Disagree)
Caliber26 Avatar
18 months ago

Just wait till the pent up macbook pro m1x sales hit!!

to the moon~!!!!
That’s hardware. The $17.5B is for services.
Score: 4 Votes (Like | Disagree)
BigMcGuire Avatar
18 months ago
My family and I are enjoying Apple One Premier. I don't see this changing anytime soon.

Collectively we use 400GB of storage. (394GB as of this writing).
We all use Apple News - some more than others.
My wife and I are heavy users of Apple Fitness - especially in summer months here in California.
While we don't use Apple Arcade, another family member does.
All heavy users of Apple TV and Music.

<shrug>. Not bad for $29.95/mo.

Now.... I do wish Apple would bring iCloud into the modern age. OneDrive and Google Drive make iCloud look prehistoric but as those who uses Apple devices, iCloud has been working really well for us.
Score: 3 Votes (Like | Disagree)
entropys Avatar
18 months ago
Just wait until people are no longer free AppleTV+
Score: 2 Votes (Like | Disagree)
nutmac Avatar
18 months ago
Anyone know the rough percentage of service revenue that App Store purchases and subscriptions bring in?
Score: 1 Votes (Like | Disagree)
lazyntired Avatar
18 months ago

Just wait until people are no longer free AppleTV+
True! I just canceled mine right before renewal - that free year and a half was good for a start but not for the long haul. Same with Apple Fitness.
Score: 1 Votes (Like | Disagree)

Related Stories

ipad mini 3

Supplies of Apple Products to Improve in March Quarter

Thursday January 27, 2022 2:10 pm PST by
Apple faced significant supply constraints across all devices during the first fiscal quarter of 2022, but product supplies are expected to improve in the March quarter, Apple CEO Tim Cook told The Wall Street Journal ahead of today's earnings call. "We saw supply constraints across most of our products," Mr. Cook said in an interview Thursday as the company released its results. "We're...
apple store brussels belgium

Apple Expected to Report Best Quarter in Company History

Tuesday January 25, 2022 6:21 am PST by
Apple will report its earnings results for the fourth quarter of 2021 on Thursday, and it could be the best quarter in the company's history. Wall Street analysts on average estimate that Apple will report revenue of $118.3 billion for the quarter, according to Yahoo Finance. This figure would be an all-time quarterly revenue record for Apple, topping the $111.4 billion that it earned in the ...
mac mini macbook pro macbook air

Apple's Mac Revenue Up 70% in Q2 2021, iPad Revenue Up Almost 79%

Wednesday April 28, 2021 1:50 pm PDT by
As people continue to work and learn from home, Macs and iPads are selling in record numbers, according to Apple's latest earnings report for the second fiscal quarter of 2021 (first calendar quarter). Apple's Mac category brought in $9.1 billion in revenue, up from $5.4 billion in the year-ago quarter. As for iPads, Apple saw iPad revenue of $7.8 billion, up from $4.4 billion in the...
appleproductlineup

Apple Now Has More Than 1.8 Billion Active Devices Worldwide

Thursday January 27, 2022 2:12 pm PST by
Apple now has over 1.8 billion active devices worldwide, a new record, Apple CEO Tim Cook said during today's earnings call covering the first fiscal quarter of 2022. Apple's active install base includes iPhone, iPod touch, iPad, Mac, Apple TV, and Apple Watch, and it has grown from 1.5 active billion devices in January 2020 and 1.65 active billion devices in January 2021. Cook did not...
iphone 13 and iphone 13 pro max

iPhone 13 Lineup Led Global Smartphone Revenues to Record High in 2021

Friday February 25, 2022 6:41 am PST by
Apple's iPhone 13 lineup led global smartphone revenues to a new high of $448 billion in 2021, Counterpoint reports. Smartphone revenues grew seven percent year-on-year and 12 percent quarter-on-quarter in the fourth quarter of 2021, despite difficulties caused by component shortages. Apple's iPhone revenue is believed to have increased 35 percent year-on-year to $196 billion in 2021, its...
aapl 1q22 line

Apple Reports Record 1Q 2022 Results: $34.6B Profit on $123.9B Revenue

Thursday January 27, 2022 1:37 pm PST by
Apple today announced financial results for the first fiscal quarter of 2022, which corresponds to the fourth calendar quarter of 2021. For the quarter, Apple posted revenue of $123.9 billion and net quarterly profit of $34.6 billion, or $2.10 per diluted share, compared to revenue of $111.4 billion and net quarterly profit of $28.8 billion, or $1.68 per diluted share, in the year-ago quarter...
Apple Logo Cash Orange 1

Apple to Announce Q1 2022 Earnings on January 27

Tuesday January 4, 2022 2:17 pm PST by
Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2022 (fourth calendar quarter) will be shared on Thursday, January 27. The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last ...
ipad mac side by side

Apple Reports All-Time Quarterly Revenue Record for Macs With 'Strong Demand' for M1 MacBook Air

Thursday October 28, 2021 1:47 pm PDT by
Apple today reported Mac revenue of $9.17 billion in the fourth quarter of its 2021 fiscal year, which is an all-time quarterly revenue record for Macs. Apple CEO Tim Cook said there was "strong demand" for the M1 MacBook Air in particular. No new Macs were released during the quarter, with the new 14-inch and 16-inch MacBook Pro models not being released until after the quarter ended, but...

Popular Stories

Emergency SOS via Satellite iPhone YT

Apple's iPhone 14 Emergency SOS via Satellite Feature Saves Stranded Man in Alaska

Thursday December 1, 2022 4:37 pm PST by
With the launch of iOS 16.1, Apple rolled out a Emergency SOS via Satellite, which is designed to allow iPhone 14 owners to contact emergency services using satellite connectivity when no cellular or WiFi connection is available. The feature was put to the test in Alaska today, when a man became stranded in a rural area. In the early hours of the morning on December 1, Alaska State Troopers ...
iPhone Measure Height

Newer iPhones Allow You to Measure Someone's Height Instantly — Here's How

Saturday December 3, 2022 10:23 am PST by
iPhone 12 Pro and Pro Max, iPhone 13 Pro and Pro Max, and iPhone 14 Pro and Pro Max models feature a LiDAR Scanner next to the rear camera that can be used to measure a person's height instantly in Apple's preinstalled Measure app. To measure a person's height, simply open the Measure app, point your iPhone at the person you want to measure, and make sure they are visible on the screen from...
General iOS 16 Feature Yellow

iOS 16.2 for iPhone Launching This Month With These 8 New Features

Thursday December 1, 2022 8:44 am PST by
Apple plans to publicly release iOS 16.2 for the iPhone in mid-December, according to Bloomberg's Mark Gurman. The update remains in beta testing for now, with at least eight new features and changes already uncovered so far. iOS 16.2 introduces a number of new features, including Apple's new whiteboard app Freeform, two new Lock Screen widgets for Sleep and Medications, the ability to hide...
iOS 16

When Will iOS 16.2 Be Released?

Friday December 2, 2022 2:13 pm PST by
Apple in late October began testing iOS 16.2 and iPadOS 16.2 updates, providing betas to both developers and public beta testers. As of now, we've had four total betas, with the fourth beta having been released earlier this week. iOS 16.2 and iPadOS 16.2 are expected before the end of the year, and we thought we'd try to narrow down the launch timeline. With only four betas released since...
14 vs 16 inch mbp m2 pro and max feature 1

Major RAM Upgrade Coming to Next-Generation MacBook Pro

Friday December 2, 2022 2:03 am PST by
The next-generation MacBook Pro models could feature faster RAM, according to a recent report from a reliable source. MacRumors Forums member "Amethyst," who accurately revealed details about the Mac Studio and Studio Display before those products were announced, recently provided information about Apple's upcoming 14- and 16-inch MacBook Pro models. The new machines are expected to feature...
iPad 10 Battery Pull Tabs

iPad 10 Teardown Reveals Why Device Isn't Compatible With Apple Pencil 2

Thursday December 1, 2022 10:48 am PST by
Do-it-yourself repair website iFixit today shared a video teardown of Apple's new 10th-generation iPad, providing a closer look inside the tablet and revealing why the device lacks support for the second-generation Apple Pencil. The teardown reveals the internal layout of the iPad, including its two-cell 7,606 mAh battery, logic board with the A14 Bionic chip, and more. As suspected, the...
android apple fix rcs

Google Again Criticizes Apple for Not Adopting RCS for Messages App: 'Their Texting is Stuck in the 1990s'

Friday December 2, 2022 10:54 am PST by
Google is continuing on with its attempt to convince Apple to adopt the RCS messaging standard, publishing a new "it's time for RCS" blog post. Promoted heavily by Google, RCS or Rich Communication Services is a messaging standard that is designed to replace the current SMS messaging standard. It provides support for higher resolution photos and videos, audio messages, and bigger file sizes, ...
ios 16 2 beta notifiation center

PSA: Older Notifications No Longer Hidden in Notification Center in iOS 16.2 Beta 4

Friday December 2, 2022 5:23 am PST by
In a small but significant change to the way the Notification Center works in the latest iOS 16.2 beta, older notifications are now shown by default without having to swipe up. In the current release as well as earlier versions of iOS 16, users do not automatically see older notifications in the Notification Center like they did in iOS 15, and instead must manually swipe up from the middle...
lastpass

LastPass Hacked for Second Time This Year

Friday December 2, 2022 4:04 am PST by
Password management app LastPass says it is investigating a security incident after an "unauthorized party" compromised its systems on Wednesday and gained access to some customer information. The information was stored in a third-party cloud service shared by LastPass and parent company GoTo, said LastPass CEO Karim Toubba in a blog post. Toubba said the hackers used information stolen from ...
Apple Card Savings

Apple Card Customer Agreement Updated for 'Upcoming' Savings Account Feature

Friday December 2, 2022 11:43 am PST by
Goldman Sachs this week updated its Apple Card customer agreement to reflect the credit card's upcoming Daily Cash savings account feature, which was expected to launch with iOS 16.1 but appears to have been delayed. "To enable new ways to use Daily Cash like the upcoming Savings account feature, we are updating the Daily Cash Program section of your Apple Card Customer Agreement," reads an...