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Apple now has 1 billion paying subscribers (qz.com)

submitted 1 year ago by mxwarp@lemmy.ca to c/apple@lemmy.ml

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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.

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[–] Minarble@aussie.zone 5 points 1 year ago

I hate the subscription model… but it’s only going to get worse