Apple has reached 1.5 billion paid subscriptions across its platform, adding another milestone to an Apple Services business that generated record June-quarter revenue of more than $30 billion.
Apple apps
Apple appsCEO Tim Cook disclosed the milestone during Apple’s fiscal third-quarter earnings report. Apple didn’t provide a breakdown showing how many subscriptions belong to its own services or third-party apps sold through the App Store.
The figure represents paid subscriptions rather than 1.5 billion individual customers. A single customer can hold multiple subscriptions, and multiple devices in use, across services such as iCloud, Apple Music, Apple TV, and third-party apps.
Apple’s Services division generated $30.74 billion during the June quarter, up 12% from a year earlier and setting a new June-quarter record. Revenue increased across advertising, the App Store, AppleCare, music, video, iCloud, and payment services.