Apple hits one billion paid subscriptions mark

Apple announced its fiscal third-quarter earnings on Thursday and unexpectedly announced that it had reached the milestone of one billion paid subscriptions across its services and App Store.
Apple is inching ever closer to the one billion paid subscription mark, especially as its own «Services» division continues to make money on a regular basis. Now, following its latest earnings, the company has confirmed that it has one billion paid subscribers on its platform.

Apple has now confirmed that it has one billion paid subscribers.

Although that number includes Apple’s third-party services, the company has reached an important milestone with third-party services as well. Apple counts every subscription made directly through the App Store, as well as through other services on its platform.

Apple counts every subscription made directly through the App Store, as well as through other services on its platform.

By the fourth quarter of 2022, Apple reached the 900 million paid subscribers mark. And in May 2023, the company confirmed that the number of paid subscribers on its platform had reached 975 million.

And in May 2023, the company confirmed that the number of paid subscribers on its platform had reached 975 million.

Apple’s services division has been profitable for years, and that trend continued in the company’s latest quarterly financial report. In the quarter, Apple managed to generate $21.21 billion in revenue, an 8 percent increase over the previous year.

Apple’s services division has been on a roll for a while now, and that trend continued in the company’s latest quarterly financial report.

For the third fiscal quarter of 2023 as a whole, Apple generated revenue of $81.80 billion. The company’s board of directors confirmed that shareholders will receive a cash dividend of $0.24 per share.

The company’s board of directors confirmed that shareholders will receive a cash dividend of $0.24 per share.