Apple subscriptions to hit one billion users
Submitted by Frank Macey on
Apple's services business is reportedly closing in on one billion paid subscriptions, nearly double the number it had just three years ago, according to CEO Tim Cook. During the company's conference call to discuss its recent financial results for the second quarter, Cook revealed that Apple now has over 975 million active paid subscriptions across its platforms, with the services segment exhibiting steady growth in the second quarter. Services generated $20.9 billion in revenue, up from $19.8 billion in the first quarter.