Apple's 1 billion subscribers means it's now a subscription company
qz.com
The tech giant isn't just selling iPhones anymore—it's banking on subscriptions to its streaming and cloud storage services.

Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.

In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.

  • @TORFdot0English
    8•1 year ago

    I just signed up for apple one premier this week. I’ve actually done a lot to avoid getting locked in to apple in the past. I never subscribed to iCloud and instead used google photos and self hosted for picture storage. I still have some hang ups with how iCloud Drive works compared to O365 and google drive but apple has the best ecosystem overall. I think the only thing missing is a mesh system Wi-Fi with integrated HomePods like google has with Nest Wi-Fi