Apple Now Has 860 Million Paid Subscriptions Across Services
Apple now has over 860 million paid subscriptions across all of its services, including Apple Music, Apple TV+, Apple News, iCloud, and more, the company's chief financial officer Luca Maestri said today.
Speaking during Apple's third-quarter earnings call, Maestri said Apple has over 860 million subscriptions, which is an increase of 160 million over just the last 12 months. Apple does not provide a breakdown of subscriber counts per service, but Maestri said growth was strong in offerings like Apple TV+ and Apple Arcade.
Apple beat analyst expectations for the third quarter, posting $82.96 billion in revenue. While iPhone sales rose 2.5%, Mac, iPad, Wearables, Home, and Accessories sales dropped year-over-year due to supply constraints and macroeconomic factors.
Update: This article has been updated to clarify that the 860 million figure refers to subscriptions, not subscribers. A single user may have multiple subscriptions through Apple.
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Top Rated Comments
Easy for them to fluff their numbers this way.
This is exactly why offers and bundles like Apple One exist - to package several popular services along with an underperforming service to prop up its numbers.